Proposed Anglo Docklands HQ could be sold

Anglo Irish Bank's proposed headquarters in the Dublin Docklands could now be sold.

Yesterday, an Bord Pleanala granted planning permission to troubled developer Liam Carroll's company to complete the building.

Anglo had intended to rent part of the development.

Ian Keogh, Chief News Reporter Sunday Business Post, said the building is now in the hands of Liam Carroll's receivers, who have two options.

Mr Keogh said: "They can finish the building and try to lease it out or sell it. That would require the approval of NAMA, because the money would be coming from NAMA, the loans have been transferred to NAMA.

"Secondly, now that they have planning permission, they can decide to sell it, because a building with planning permission is worth a lot more than a building stalled without it."

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