Hibernia Reit Luas appeal rejected

The developers of the site where U2 recorded some of their albums have failed in their battle with Dublin City Council over a disputed Luas Red Line payment of almost €500,000.

Hibernia Reit is one of the largest property players in the country and in 2014 purchased the Windmill Lane studio site and adjoining site at Sir John Rogerson’s Quay for a combined €25.25m.

Last year, Dublin City Council gave the property firm the go-ahead for revised plans to construct a €50m mixed-use development on the Sir John Rogerson’s Quay site adjacent to the former U2 studio site at Windmill Lane on the south side of the River Liffey where The Rolling Stones, Van Morrison, REM, Sinéad O’Connor and Elvis Costello also recorded.