Small pick-up in development land activity since lockdown eased

Lens Media has paid €26m for 48 acres at Grange Castle, but very few other sales are done and dusted

26th July, 2020
Small pick-up in development land activity since lockdown eased
A 4.6-acre site at the Citywest Business Campus has been sold to Singaporean firm K2 for over €3 million

Since the easement of lockdown restrictions, there has been a slight pick-up of activity in the development land market, but very few sales have got over the line.

The biggest deal saw Lens Media pay €26.4 million for 48 acres of land at Grange Castle business park in south-west Dublin.

Headed by James Morris, founder of TV3, Lens was reported to be planning to develop a €125 million media campus there with 12 separate studios. The...

Subscribe from just €1 for the first month!


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

Following the learning trail

Park West Applegreen HQ on market for €3.5m

Freehold sale of Churchtown Business Park for €7 million

Significant potential for institutional investors in senior care