Government blocks sale of industrial site

THE Government last night blocked the controversial sale of a valuable 115-acre industrial site near the University of Limerick by Shannon Development.

Fianna Fáil Deputy Peter Power said he had contacted Enterprise Minister Micheál Martin at the widespread disquiet about the proposed sale of the old Burlington Industries site for €3.25 million, even though another businessman was willing to pay €5.25m.

“A senior official in the department has contacted me to say the sale will not be allowed to proceed,” Deputy Power confirmed.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

More in this section

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited