KPMG to examine University of Limerick spend on former Dunnes Stores building

The Dunnes Stores site on Sarsfield's Bridge, a former shopping centre in Limerick city centre, which was purchased by the University of Limerick for about €8m. Picture: University of Limerick

The University of Limerick (UL) has commissioned consultants KPMG to run a review of the university’s acquisition of a building in the city allegedly for more than double its value.

In May 2019, UL purchased the Dunnes Stores site on Sarsfield's Bridge, a former shopping centre covering 59,000 sq ft in Limerick city centre, for about €8m.