Suburban site is in big demand

A hot-in-demand Cork suburban residential building site gets offered for sale for the third time for its owners Eir, the new name for Eircom.

The again-rebranded telecom company plans a €350 million bond issue next year, and has said as part of its restructuring it will sell non-core assets to take advantage of commercial property demand.

This week it markets 12 properties, guiding €5.8m all-in via agents BNP Paribas, with Lisney as joint agents on three lots in Cork.