A high-level Saudi Arabian diplomat has taken Credit Suisse and the mystery Irish property developer Tom Ryan to London's commercial courts after allegedly providing around £25 million to build a 74-storey residential skyscraper in Canary Wharf, London's financial district.
Dr Mohammed Abdulraman Abdulaziz Albesher, currently the Saudi Arabian ambassador to the United Arab Emirates, is trying to recover £25 million from Ryan and his bankers at Credit Suisse after the developer's property scheme for the Hertsmere House site in Canary Wharf failed to get off the ground, according to the Particulars of Claim seen by Betaville.
Showing posts with label Hertsmere House. Show all posts
Showing posts with label Hertsmere House. Show all posts
Monday, 26 October 2015
Wednesday, 13 May 2015
The dealmaker, the bank and the missing skyscraper return...
The row over the missing skyscraper has been rekindled.
Regular readers should remember the tale I ran last year about the mystery Irish "property developer" and his plans to build a £1 billion residential skyscraper in Canary Wharf called Hertsmere House. Here is a link to my original story:
Regular readers should remember the tale I ran last year about the mystery Irish "property developer" and his plans to build a £1 billion residential skyscraper in Canary Wharf called Hertsmere House. Here is a link to my original story:
Monday, 20 October 2014
The missing skyscraper story rumbles on...
Ping - an email arrives from a new reader.
It contains a picture of chap called Mr Seamas Daly, an Irish businessman who founded a printing company called Photo Images Ltd. He is picketing outside a law firm based in Dublin, Ireland.
It contains a picture of chap called Mr Seamas Daly, an Irish businessman who founded a printing company called Photo Images Ltd. He is picketing outside a law firm based in Dublin, Ireland.
Sunday, 22 June 2014
Another update on the missing skyscraper story
The Sunday Times and Norwegian newspaper Dagens Naeringsliv have unearthed an explosive new angle on the missing skyscraper story I have been running on Betaville over the last couple of months.
Here is a link to today's piece in The Sunday Times:
Here is a link to today's piece in The Sunday Times:
Friday, 16 May 2014
The dealmaker, the bank and the missing skyscraper
I'm not a huge fan of Canary Wharf (I used to work there when I first started on the The Daily Telegraph) but I have just stumbled across a rather interesting tale about the financial district and one of the banks based there.
Some Betaville readers might remember that back in November last year it emerged with great fanfare that an Irish property developer was planning to build £1 billion, 74-storey residential skyscraper - to be called called Hertsmere House - on a £100 million site in Canary Wharf. Here is a link to a story in the Financial Times about the scheme: http://www.ft.com/cms/s/0/122d3106-4d3e-11e3-9f40-00144feabdc0.html#axzz31i4U0YR1
Some Betaville readers might remember that back in November last year it emerged with great fanfare that an Irish property developer was planning to build £1 billion, 74-storey residential skyscraper - to be called called Hertsmere House - on a £100 million site in Canary Wharf. Here is a link to a story in the Financial Times about the scheme: http://www.ft.com/cms/s/0/122d3106-4d3e-11e3-9f40-00144feabdc0.html#axzz31i4U0YR1
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