Ireland’s top two universities bought almost €50m of property in five years

Two new buildings for Trinity College Dublin accounted for the bulk of the spending since 2015

Trinity College Dublin spent €42 million buying five properties in the city in the past five years. Picture:

Ireland’s top two universities have spent almost €50 million buying property in the past five years, new figures show.

Between them, Trinity College Dublin (TCD) and University College Dublin (UCD) have purchased 11 properties in the capital with a total value of €49.1 million, according to figures seen by the Business Post.

The majority of the total was spent by TCD, which has bought five properties costing a total €42 million since 2015.

The outlay ...