UK alternative lender SCIO Capital has installed receivers over certain assets of Stranwil Limited, a property vehicle controlled by the developer Bernard McNamara that recently entered into liquidation.  Stranwil was set up to develop a 196 build-to-rent apartment project in Tallaght. The company received planning permission in 2019 to build three six-storey blocks beside the Cookstown Luas stop.  The Land Development Agency (LDA) bought the development for €67.8 million last May for its Project Tosaigh cost-rental portfolio. According to filings to the Companies Registration Office last week, Cafico Trust Company Limited appointed accountants Declan Taite and Sharon Barrett of Kroll…

Read on for just €1

For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.

Subscribe

Cancel at any time.

Are you already a member? .