‘End of an era’ as Michael Smurfit completes sale of K Club to new owner
Sale to TLC nursing home group believed to be worth up to €70 million
Sale to TLC nursing home group believed to be worth up to €70 million
Nursing homes operator Michael Fetherston wraps up deal for 5-star resort
Luxury golf and hotel resort is expected to exchange hands for about €70 million
Michael Smurfit-owned complex valued at €65.1m, as sales fall by 7% to just over €17.5m
Recent accounts for 2015 show losses but performance is likely to have improved since
Accounts show Smurfit deal with Nama resulted in a €28 million writedown
The former K Club property management company Bessilton’s accounts have thrown up some enlightening figures
Business had bank loans totalling €54.8m at the end of 2011
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