Nama appoints receiver to Mansfield assets

NAMA has this evening appointed a receiver to assets owned by developer Jim Mansfield.

Kieran Wallace of KPMG will assume control of the assets including Weston Aerodrome in Dublin, Palmerstown House golf club in Kildare, and a number of apartment blocks attached to the Citywest Golf club in Dublin.

71-year-old Mansfield had failed to agree a suitable business plan with NAMA to pay-down his debts.

Last year, Bank of Scotland Ireland appointed a receiver to Mansfield's City West Hotel.