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Fri 02 Feb 2010Can Nama give hotels the five-star treatment?
Up to 200 hotels are set to transfer to the State, many of which are very expensive to run, writes GRETCHEN FRIEMANN
THREE LANDMARK London hotels, the Berkeley, Claridges and the Connaught, which are owned by financier Derek Quinlan's Maybourne Hotel Group, may end up being controlled by the National Asset Management Agency (Nama) within the next few months as the transfer of an initial €16 billion in loans nears completion.
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