NAMA gets €2.2m from sale of developer's house gutted by fire

Independent.ie Wednesday 18th April, 2012

NAMA is to pocket around €2.2m from the sale of a property sold by well-known developer Niall Mellon.The businessman -- who is well known for the Niall Mellon Township Trust, which builds homes for the poor in South Africa -- bought the property in Rathfarnham, south Dublin from the British Embassy in 2008.But two years later, the house, known as Marlay Grange, was destroyed by fire. Mr Mellon said it was not insured.All that remains is the ...

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