Controversial University of Limerick site valued €3m under purchase price

Dunnes Stores, Sarsfield St, Limerick City, was brought by the University of Limerick in 2019.

A valuation of a site controversially purchased by the University of Limerick (UL) has found that it is now worth €5.4m — almost €3m less than the university paid for it in 2019.

UL purchased the old Dunnes Stores building in Limerick City for €8.3m in 2019.