City site fetches €10m

A development site on almost half an acre at City Quay in Dublin was sold to an unnamed property developer yesterday for £8 million…

A development site on almost half an acre at City Quay in Dublin was sold to an unnamed property developer yesterday for £8 million (€10 million). The site, which overlooks the city quays directly opposite the IFSC, was expected to fetch about £4 million at a DTZ Sherry FitzGerald auction. Planning permission was recently granted for a five-storey apartment building with basement car park on the site.

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