Grehan calm about impact of falling values on his site

Property developer Ray Grehan has said he is not worried about the impact of falling property values on his €171 million site at the former Veterinary College in Ballsbridge in Dublin, but admitted the site was now worth less than he paid for it.

8th November, 2008

Property developer Ray Grehan has said he is not worried about the impact of falling property values on his €171 million site at the former Veterinary College in Ballsbridge in Dublin, but admitted the site was now worth less than he paid for it.

Grehan told The Sunday Business Post he would not be seeking to go ahead with the proposed €600 million development on the site until the property market recovered, even if he...

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