“A large student accommodation complex in Limerick has collapsed into receivership, following a move by its main lender. Bank of Scotland (Ireland) (BoSI), the British lender that last week announced it was quitting the Irish market, has installed a receiver over Groody Student Village in an effort to recover between €10 million and €15 million that it had advanced to the project …” (more)
[Ian Kehoe, Sunday Business Post, 22 August]