Showing posts with label ireland. Show all posts
Showing posts with label ireland. Show all posts

27 November 2010

Saturday Open Thread: Cape Town's Contribution To Ireland's Woes

So as I'm sure many of you are aware Ireland is in a little bit of trouble, thanks in part to the various dealings of it's banks who funded many property developments that went ka-blam.

Now I remember the early 2000's Cape Town was filled with talk of Irish money coming in and throwing up new developments all over the place.

The Cape Royale in Green Point for example was originally backed by some dodgy Irish Developer and was called The Clarendon, before the The Clarendon in London forced them to change their name.

I also suspect our favourite Sea Point development The Ballinrobe was funded by money from the Emerald Isle - Ballinrobe being an actual town in Ireland.

So collective brain, what other Cape Town developments were funded with Irish Euros.