Real Estate Opportunities Share Discussion Threads

[caveat_emptor] 26/1/2012 18:16

Stay of execution until fat lady gets her voice back.

[lbo] 26/1/2012 12:53

A house of cards supported by Irish taxpayers!

[caveat_emptor] 26/1/2012 12:19

I never held out more than hope for REO,
but I did'nt think TH was in the house of cards.

[lbo] 26/1/2012 09:36

Have to wonder how far behind the NAMA stampede the rest of the banks are now! from the interim results:

"The Group continues to work closely with other lenders, which exist outside NAMA's remit, to renew debt facilities where required"

"Following the signing of the MOU with NAMA in December 2010, the Group recently received a draft term sheet from NAMA in respect of its wholly owned Irish property assets on which NAMA is the sole lender"

[tiltonboy] 26/1/2012 09:24

C_E,

Still here watching the death knells of the company. The Fat Lady may have a minor dose of laryngitis, but I expect her to be in full voice quite soon.

[lbo] 26/1/2012 09:13

They rest will gone after later and not just by NAMA! Nama is protecting itself first from further losses. After they get back its €900m there is still the €1.1bn loss on the original face value of the loans to be dealt with that the Irish taxpayer is still paying for via the Bank recapitalisations!

The fat lady is indeed singing and soon she will finish and the curtain will come down forever

[caveat_emptor] 26/1/2012 08:50

Despit obvious pressure, the company has diligently informed the market and it's sharehlders
of the good and the bad...

Tiltonboy....

You still culling around here?

[caveat_emptor] 26/1/2012 05:36

Reading the Press cuttings, it seems like the fat lady has'nt gone on stage
yet...I would'nt write the boys off just yet.
Depends on the judge I suppose?

[caveat_emptor] 26/1/2012 05:28

List properties not affected by NAMA's actions are listed

[caveat_emptor] 26/1/2012 05:27

I'm sure it will become clear as the day rolls on...

[lbo] 25/1/2012 23:07

"The original face value of Treasury Holdings portfolio was €2 billion. It is believed that NAMA paid a total €900m for the loans. The borrowings subject to the proposed receivership are believed to have been bought for in excess of €0.5 billion"

[caveat_emptor] 25/1/2012 21:43

I must say this is going to be a fascinating battle...

[caveat_emptor] 25/1/2012 13:24

I am all against screwing people
who make it and fail the first time....the American attitude is to get wealth
makers back in business asap......

[lbo] 25/1/2012 09:07

Nama lines up receiver to control assets of Treasury

[caveat_emptor] 25/1/2012 06:50

Government pressure to wind-up Nama?

[caveat_emptor] 22/1/2012 15:10

Times reports Hines negotiating to take the $900m debt off Nama's hands,
and Macquarie are mentioned as well. No indication what this means for
the boys, Tresaury or Reo.

[lbo] 16/1/2012 23:26

Indeed, only last week the news broke that the agency had effectively reached the end of its tether with Johnny Ronan's and Richard Barrett's Treasury Holdings, and demanded the repayment of €900m by the end of this month




REAL Estate Opportunities, the public company controlled by developers Johnny Ronan and Richard Barrett, has confirmed that it has received a demand from Nama for the repayment of loans of hundreds of millions of euro.

The company, which owns Battersea Power Station and the Stillorgan Shopping Centre in south Dublin, is now using what it calls a "relatively short standstill period" to seek to bring new investors into the business, failing which Nama may move to put it into receivership.

[asmodeus] 14/1/2012 10:34

Thanks, LBO.

[asmodeus] 13/1/2012 08:20

So what explains the recent rises?

[lbo] 13/1/2012 00:41

Sounds like the whole lot will be in receivership very soon



today, the Irish Times, citing "informed sources" says that NAMA has issued a demand for repayment by Treasury of loans that amount to hundreds of millions of euro. Repayment is due "this month"

[nofool] 10/1/2012 10:17

FlyingSwan - 8 Mar'11 - 12:18 - 913 of 1072

REO's creeping up nicely. IMHO



"Dad, I fink I got it wrong again"

"..stupid boy David"