Subsidiary of one of North's biggest builders in administration

Another part of what was one of the North's largest building companies has gone into administration, it was announced today.

Taggart Estates, a subsidiary of Taggart Homes, was put into administration last night at the request of its directors.

It holds the land bank for the Taggart group of companies, almost all of it close to Belfast.

Taggart Estates Ltd owns five sites of development land and a part share in a sixth, totalling 87 acres, of which 84 are within seven miles of Belfast city centre.

Garth Carlow and Rob Birchall of PricewaterhouseCoopers have been appointed as administrators – as they were for Taggart Holdings, Taggart Homes and Taggart Properties at the end of October.

PwC is also handling the administration of Taggart companies in Ireland and the UK.