Type | Property development |
---|---|
Founded | 1989 |
Founder |
|
Defunct | October 9, 2012 |
Headquarters | , Ireland |
Area served | Worldwide |
Key people |
|
Treasury Holdings was an Irish property development company headed by Johnny Ronan and Richard Barrett. The company, which was insolvent with a huge amount of debt, was wound up in October 2012.
Treasury Holdings was formed in 1989 with its first serious development being the Treasury Building on Grand Canal Street on Dublin’s southside. This building housed the National Asset Management Agency and the National Treasury Management Agency.
In October 2012 the High Court appointed liquidators to Treasury Holdings and 16 related companies. The move followed a decision by Treasury not to resist a winding-up application by one of its banks, KBC, over a debt of €55m. Treasury had debts of €2.7bn, €1.7bn of which was owed to the National Asset Management Agency. [6]
In January 2013 liquidators were appointed to Real Estates Opportunities PLC. REO in turn managed the Opera property fund, a collection of 16 Irish properties including the Merchants Quay shopping centre in Cork and the Stillorgan shopping centre in Dublin. Some of the loans from this fund were sold to US investor Northwood.
Richard Barrett now spends much of his time in China, [7] and has since gone on to found Bartra, [8] an international investment firm who 'focus on the delivery and operation of high-quality property solutions across all sectors of the market in Ireland, and internationally, including social and affordable housing, commercial real estate, residential homes, nursing homes, shared living, tourism and renewable energy.'
Battersea Power Station is a decommissioned coal-fired power station, located on the south bank of the River Thames, in Nine Elms, Battersea, in the London Borough of Wandsworth. It was built by the London Power Company (LPC) to the design of Leonard Pearce, Engineer in Chief to the LPC, and CS Allott & Son Engineers. The architects were J. Theo Halliday and Giles Gilbert Scott. The station is one of the world's largest brick buildings and notable for its original, Art Deco interior fittings and decor.
Blackrock is a suburb of Dublin, Ireland, 3 km (1.9 mi) northwest of Dún Laoghaire.
Belfield is a small enclave, not quite a suburb, in Dún Laoghaire–Rathdown, Ireland. It is synonymous with the main campus of University College Dublin.
Stillorgan, formerly a village in its own right, is now a suburban area of Dublin in Ireland. Stillorgan is located in Dún Laoghaire–Rathdown, and contains many housing estates, shops and other facilities, with the old village centre still present. Stillorgan is at least partly contiguous with Kilmacud and neighbours other southside districts such as Mount Merrion, Sandyford, Leopardstown, Dundrum, Blackrock, Goatstown and Foxrock.
The British Land Company plc is one of the largest property development and investment companies in the United Kingdom. The firm became a real estate investment trust when REITs were introduced in the UK in January 2007. It is headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index and a founding member of the European Public Real Estate Association.
Mount Merrion is a suburb of Dublin, Ireland. It is roughly 7 kilometres (5 mi) south of Dublin city centre and is situated on and around the hill of the same name.
Intu Properties plc was a British real estate investment trust (REIT), largely focused on shopping centre management and development. Originally named Liberty International plc, it changed its name in May 2010 to Capital Shopping Centres Group plc after demerging its Capital & Counties Properties business unit to form an independent business. The company adopted the Intu name on 18 February 2013, and this was followed by the rebranding of most of its shopping centres under the Intu title from May 2013.
Arnotts is the oldest and largest department store in Ireland. Its flagship store is located on Henry Street, on the north side of central Dublin. It has been a member of the International Association of Department Stores from 2007 to 2012.
Hammerson plc is a major British property development and investment company. The firm switched to real estate investment trust (REIT) status when they were introduced in the United Kingdom in January 2007. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index; it is also a constituent of the FTSE EPRA/NAREIT Developed Europe index, among others. The majority of Hammerson's portfolio is in the United Kingdom, but is also operates in continental Europe, including operations in France, Ireland, Spain, and Germany. It invests mainly in offices and retail premises.
Kilmacud is a suburban area of Dublin in Dún Laoghaire–Rathdown, Ireland, at least partly contiguous with Stillorgan.
The National Asset Management Agency is a body created by the government of Ireland in late 2009 in response to the Irish financial crisis and the deflation of the Irish property bubble.
The Doyle Collection is a group of hotels previously known as Jurys Doyle Hotels. It comprises eight hotels in five cities in Ireland, the UK and the US.
Eason Retail PLC, known as Easons or Eason, is an Irish retail company best known for selling books, stationery, cards, gifts, newspapers and magazines. Headquartered in Swords, County Dublin, it is the largest supplier of books, magazines, and newspapers in Ireland.
Liam Carroll was an Irish property developer and businessperson known for his involvement in the Irish construction industry via his development company, Zoe Developments Group from the 1990s up to the time of the Irish property crash and the ultimate collapse of the group. Carroll often featured in the media despite his reclusive manner while his relatively frugal and reserved behaviour contrasted markedly with other public figures and property developers of the era.
Derek M Quinlan is an Irish businessman prominent in the field of real estate investment and development. A former tax inspector at the Irish Revenue Commission, he formed investment syndicates with high-net-worth individuals to acquire investment properties across the world. His principal investment vehicle was Quinlan Private, a private equity firm with offices in Dublin, London and New York.
John Ronan is an Irish businessman and property developer known for establishing Treasury Holdings in 1989 along with Richard Barrett.
Alto Vetro is a 16-storey residential tower on the west side of Grand Canal Dock, to the south of MacMahon Bridge, in Dublin, Ireland. The structure contains 26 apartments, 24 of them two-bedroom, the top two being three-bedroom triplex penthouses. There is a coffee shop and barbers at ground floor level.
G&T Crampton is an Irish property development and construction company. It entered liquidation in 2021.
McInerney Holdings PLC was an Irish construction and development company with a focus on housebuilding, which existed from 1909 until 2011. The company initially focused on the Irish market but later expanded to the UK, Middle East and mainland Europe. In 2009 the company was said to have built nearly 90,000 houses in Ireland including nearly 10% of the housing in Ireland's main cities.
Rossa A. Fanning is an Irish barrister and legal academic who has served as the Attorney General of Ireland since December 2022. His practice at the Bar has been primarily focused on commercial litigation and insolvency.