A report on RTÉ this morning, in relation to the sale of One Spencer Dock

In May it was reported that Nama had ‘overreached’ in its attempts to sell One Spencer Dock to US investment firm Hines for €242million, following the collapse of the sale.

This morning, it’s being reported that the building has now been sold to London-based investment firm AGC Equity Partners for €242million.

PwC rents the building for €11,779,241 a year.

However, Namawinelake tweetz:

Congrats to RTÉ keeping NAMA totally out of this report. Ssssh, wouldn’t want to add to debate on what NAMA is doing… Just to be clear, today, the State sold one of your assets for €242m. No analysis, no debate, no comment.

Anyone?

One Spencer Dock sold to UK investment firm for €242m (RTE)

Iconic Dublin building One Spencer Dock sells for €242m (Stephen Rogers, Irish Examiner)