Sale sees €15m price hike for former Nama property

Sale sees €15m price hike for former Nama property
Nama sold One Warrington Place for €27m in 2012, a move that was criticised at the time.

A prime Dublin office block whose off-market sale by Nama was criticised by an Oireachtas committee last week is set to resell for €15 million more than the taxpayer-funded toxic bank achieved for it two years ago.

A prime Dublin office block whose off-market sale by Nama was criticised by an Oireachtas committee last week is set to resell for €15 million more than the taxpayer-funded toxic bank achieved for it two years ago.

One Warrington Place, near Mount Street in Dublin 2, is sale agreed at a price tag of around €42 million, The Sunday Business Post understands: substantially more than it was sold for by Nama on behalf of the state in 2012.

One...

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