Jackson Way drop land claim to €47.4 million

JACKSON WAY PROPERTIES have knocked off more than half the multi-million euro pay-out they were demanding in compensation for losing lands at Carrickmines to the last leg of the M50 motorway.

Jackson Way drop land claim to €47.4 million

In a surprise move on the opening day of an arbitration hearing into the compensation claim yesterday, the company’s barrister said the demand now stood at 47.4 million - less than half the 116 million originally sought.

The reduction is not enough to prevent the claim being contested, however, as the undisclosed opening offer made by Dun Laoghaire Rathdown County Council, which took over 20 acres of Jackson Way’s land by compulsary purchase order, is still substantially below the revised demand.

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