IRAF Entities (in Administration)
On 1 February 2021, Alexander Williams and Andrew Dolliver of Ernst & Young LLP were appointed as Joint Administrators to the following Entities (“the Entities”):
- IRAF UK Dragon Limited Partnership (in Administration) (“the Partnership”)
- IRAF UK Dragon Nominee 1 Limited (in Administration); and
- IRAF UK Dragon Nominee 2 Limited (in Administration) (together “the Companies”)
The appointment to the Partnership was made by the members of the Partnership pursuant to the terms of paragraph 22 of Schedule B1 to the Insolvency Act 1986 (as modified by paragraph 9 of Schedule 2 to the Insolvent Partnerships Order 1994) and the appointment to the Companies was made by the qualifying floating charge holder (“QFCH”) under the provisions of paragraph 14 of Schedule B1 to the Insolvency Act 1986. The Joint Administrators act as agents of the Entities only and without personal liability.
The Entities listed above own the asset known as the St Georges Shopping Centre, Friargate, Preston, PR1 2TU.
The Property Managers (Munroe K) and Asset Managers (Sovereign Centros) of the Shopping Centre remain in place fulfilling their existing roles.
Queries specifically relating to the Administration should be emailed to irafdragon@parthenon.ey.com
Media enquiries should be addressed to the EY press office – Joanne Birtwistle: joanne.birtwistle@uk.ey.com; Clare Carswell: ccarswell@uk.ey.com
