Education

University of Limerick: a timeline of two botched acquisitions

How UL lurched from one controversy to another after overpaying for a former Dunnes Stores site in Limerick city and doing so again with the purchase of 20 houses in Rhebogue

The University of Limerick campus

May 2019: Des Fitzgerald, then president of UL, signs contracts for the acquisition of the former Dunnes Stores site in Limerick city centre

May 2020: UL privately warns the government its plan for the site will cost nearly €200 million to develop, and that without significant state funding it will be forced to shrink its plans for the campus. The funding is not approved.

May 2021: Reports suggest UL obtained no formal valuations of the ...