University of Limerick to write off €3m after overpaying for controversial city campus site

Ireland“The University of Limerick has acknowledged it overpaid for a controversial former Dunnes Stores building purchased in 2019. It means the college will write off €3m in payments made to acquire and refurbish the former shop. A new valuation report carried out for the university acknowledges UL overpaid for the building by about €1.5m when market prices at the time and other variables are taken into consideration …” (more)

[Wayne O’Connor, Independent, 31 January]

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