MCD’s Desmond and Downey snap up old social club for €1.5m

The Dun Laoghaire building will be converted into the music events business’s head office

26th July, 2020
MCD’s Desmond and Downey snap up old social club for €1.5m
The former Christian Institute building in Dun Laoghaire is to be the new head office for MCD Picture: Fergal Phillips

Music industry moguls Denis Desmond and Caroline Downey are the buyers behind one of Ireland’s oldest social clubs, it has emerged.

The couple plan to convert the 130-year-old former Kingstown Men’s Christian Institute building in south Dublin into their company head office. The building was acquired for around €1.5 million.

Desmond and Downey’s Gaiety Investments has applied to change its use from a social club to commercial office for use as...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Exports by Enterprise Ireland backed companies held steady at €25.5bn in 2020

Business Lorcan Allen 21 hours ago

Interest rate on government borrowing to hit record low of 1.5% this year

Business Lorcan Allen 2 days ago