Sunday May 31, 2020

Boland’s Mills value plummets by 84 per cent since peak of the boom

Boland’s Mills, the Dublin city centre site, has collapsed in value by 84 per cent since being bought for property development during the boom years.

23rd July, 2011

Boland’s Mills, the Dublin city centre site, has collapsed in value by 84 per cent since being bought for property development during the boom years.

The huge cut-stone grain store, which dates from the 1830s, was bought in 2004 by Benton Property Holdings, owned by developer Seán Kelly.

He paid around €42 million for the building complex at Grand Canal Basin, but was refused permission for a high-rise development that would include office...

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