DAA will not increase its bid on 260 acres between runways

It seems the Dublin Airport operator is willing to risk the land being bought by a third party rather than enter a bidding war to near its €200 million valuation

Dublin Airport Authority chief executive Kenny Jacobs. Commenting on a potential bidding war over the land between Dublin Airport’s two runways, he said, ‘We don’t make crazy bids, and we are not going to make a crazy bid’

DAA will not increase its €75 million bid for the 260 acres of lands situated between the runways at Dublin Airport despite it being rejected as “not acceptable” last week, the Business Post understands.

A public disagreement over the value of the strategically important site has emerged since the Business Post reported last week that the Dublin Airport operator had been outbid.

It now appears that the DAA is willing to risk the land being ...