INM sells off offices to Arnotts

INDEPENDENT News & Media (INM) have sold their Abbey Street offices for 26 million to Arnotts and the Kelly Group.

The sale will signal the end of newspaper production at Abbey Street and mean a massive expansion of the Arnotts store.

The sale was expected as Independent moved its printing facility to a state-of-the-art site in Citywest, Co Dublin. However, the editorial staff are expected to move to an office somewhere in central Dublin. An Independent spokesman said no decision on where to relocate staff had been finalised.