Nama moves to sell Grand Canal Theatre

International interest expected in €80m venue

Ian Kehoe - avatar

Ian Kehoe

6th April, 2014
Nama moves to sell Grand Canal Theatre
The Grand Canal Theatre, designed by Daniel Libeskind, is to be put up for sale in the next six to eight weeks. Picture: Feargal Ward

The Grand Canal Theatre in Dublin is to be put up for sale in the coming six to eight weeks, as Nama seeks to exploit the startling demand among international investors for prime Irish assets.

Grant Thornton, the accountancy firm installed by Nama last year as receiver to the theatre, has issued a tender to property and real estate agents to handle the sales process.

Nama, the state's bad bank, has sanctioned the sale, and...

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