Developer Johnny Ronan has exited NAMA after repaying his debts to the agency. A statement from Mr Ronan’s company said a €300m transaction had taken place today, which fully repaid what he had owed to the National Asset Management Agency.
RTE, 1st April 2015
TREASURY Holdings developer Johnny Ronan has officially exited the National Asset Management Agency this afternoon. Mr Ronan agreed a €300m settlement today with the State’s bad bank and now plans to resume work in the Irish development sector.
Philip Ryan, The Independent, 1st April 2015
FOR IMMEDIATE RELEASE
Developer John Ronan has today, 1st April 2015, exited the National Asset Management Agency (Nama).
We are beginning to see more of the old names in Irish property development come back on the scene. Some have walked the line with NAMA for the past number of years, while others have lost it all and since formed new alliances to finance their resurrection.
Peter Coyne, The Sunday Independent, 2nd November 2014
The large office block which has planning approval from Dublin City Council on the site of the former Allianz Insurance headquarters.
Jack Fagan,The Irish Times,11th June, 2014