CIE planning sell-off of Dublin Bus depots

CIE is reportedly considering the sale of some or all its Dublin Bus depots in a move that could raise of hundreds of millions of euro for reinvestment in public transport.

Reports this morning said CIE had asked Dublin Bus for commercial valuations of all its garages and depots.

The reports said CIE believed it could sell existing Dublin Bus facilities for premium prices while finding cheaper locations for new garages and depots.