Bloomberg News

Quinlan Dublin Property to Be Sold at 78% Discount, Post Says

October 02, 2011

Oct. 2 (Bloomberg) -- A Dublin house on Ailesbury Road with an adjacent enclosure, previously owned by Irish developer Derek Quinlan, is to be sold for about 2.5 million euros ($3.4 million), a 78 percent discount of the original price, the Sunday Business Post reported.

Paul McDowell, a receiver appointed by the National Asset Management Agency, set up by the Irish government to purge lenders of risky loans, confirmed the sale, without commenting on the price, the newspaper said. The Sunday Business Post didn’t says where it got the information.

To contact the editor responsible for this story: Finbarr Flynn at fflynn3@bloomberg.net


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