Initially repossessed by the former Anglo Irish Bank, it eventually came under the control of the Irish government's NationalAssetManagementAgency (Nama).
The Irish government's NationalAssetManagementAgency (Nama) has effectively repossessed an English shopping centre that was owned by two of Northern Ireland's wealthiest property developers.
Its loans will be transferred to the NationalAssetManagementAgency (Nama), the Irish "bad bank" responsible for recovering the value of problematic loans made by other Irish banks.
They acquired Claridge's, the Connaught and Berkeley from the NationalAssetManagementAgency (Nama), the Irish government agency created to manage the toxic property loans of its bust banks.