Developer Gerry Gannon News Today

Developer Gerry Gannon has completed the sale of the Paper Mill site in Clonskeagh, Dublin 6 to Bain Capital, an American-owned private investment firm which has been involved in a number of property developments in Dublin. Sales agents Knight Frank had been quoting €18m to €20m for the site and it is believed to have achieved slightly over the €18m mark. CBRE acted for the purchaser. State agency Nama will benefit from the deal as it had a charge on the site. The 3.14-acre site has plann...

Developer Gerry Gannon is entitled to judgment for €2.18m rent against a company which operated a car park for Dublin Airport passengers on lands in Santry owned by the builder, a High Court judge has ruled. Mr Gannon initiated proceedings last year against Parkfly Ltd and Last Bus Ltd, both companies controlled by transport entrepreneur John O’Sullivan. He sought orders for possession of the car park premises against both defendants and a summary judgment order for €2.18m rent against Pa...