Foley and partners to net €30 million in Clerys sale

Consortium puts iconic site in capital on the market

17th June, 2018
Deirdre Foley has officially put Clerys on the market in a move that will net Natrium a profit of more than €30 million

Deirdre Foley has officially put Clerys on the market in a move that will net her a profit of more than €30 million on the controversial investment.

Natrium, the consortium which purchased the iconic Dublin department store in 2015 for €29 million, has instructed Knight Frank to find a buyer for Clerys. The sales process has been code-named Project Surf.

Sources indicated that the price tag for the project was likely to significantly exceed €60 million,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Deirdre Mortell: We need to talk about gender equality every day, not just today

Mary Lawlor: Women who defend human rights take immense risks for little recognition

World Mary Lawlor 5 hours ago

Johnny Ward: How one photograph knocked Irish horse racing off its stride

Sport Johnny Ward 1 day ago

Brian Keegan: Sunak’s tax hikes should be watched in Ireland

Tax Brian Keegan 1 day ago