Record €80m price fetched for land in Dublin

An 11-acre site in Dublin has set a new record for a public land sale, fetching a massive €86m.

The land at The Grange on the Stillorgan Road has been bought by the Glenkerrin Group, headed by developer Ray Grehan.

Planning permission has been given for 478 residential units, and an 86-bed nursing home, as well as a number of retail outlets.