![]() ![]() On the south side of the Liffey, on Tara Street, RGRE is involved in the construction of what it says will be Dublin’s tallest hotel and office building, the AquaVetro, while in Ballsbridge, Dublin 4, it is transforming the former AIB Bankcentre site across the road from the RDS for Facebook, which plans to have its European, Middle Eastern, and African headquarter campus there. The Ronan family business, Ronan Group Real Estate (RGRE), fronted the winning bid for the development more than two years ago, and teamed up with a US investor. Up to 3,800 new homes and more than 90,000 sq m of enterprise and commercial office space are earmarked for the site, with Nama as a partner holding a 20 per cent stake. ![]() Having railed against the National Asset Management Agency (Nama) in a submission to an Oireachtas committee in 2015, a year after he bought his loans back from the State agency, Ronan is now the public face of a consortium that includes Nama and is set to develop the 37-acre Glass Bottle site in Ringsend, Dublin. The 68-year-old businessman is a central figure in some of the most high-profile property development schemes in the State, but the US funders of his property ventures seem to squeeze him hard. ![]() He was a major player in the commercial property market here before the 2008 crash and despite having his loans put into Nama, Ronan re-established himself as a key figure in the market here. Johnny Ronan has been one of the great survivors of the Irish property sector. ![]()
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