RTÉ Montrose campus not worth €300 million touted price tag ‘to any degree’, Glenveagh chief Stephen Garvey warns

Stephen Garvey, the chief executive at Glenveagh, said it was unlikely the housebuilder would be interested in purchasing the site if it came up for sale

RTÉ may consider selling its Montrose headquarters to raise much-needed funds Picture: Niall Carson

RTÉ’s campus at Montrose is not worth anywhere near €300 million, the chief executive of one of the country’s largest housebuilders has said.

On Tuesday, Patrick O’Donovan, the Minister of State for the Office of Public Works, called on the national broadcaster to sell off its Dublin 4 headquarters to help tackle its growing financial crisis and suggested it could fetch “north of €300 million”.

Micheál Carrigy, the Fine Gael senator, said on Wednesday that ...