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…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .