- An application has been made to Dun Laoghaire County Council in which a company called Skeaghclon “intends to commence Class 20F temporary use for the purposes of accommodating displaced persons or for the purposes of accommodating persons seeking international protection in accordance with those said Planning and Development Regulations 2001 as amended”. The exemption for the Dublin 4 blocks has been granted.
The building – Blocks 1A and B at Trimleston House in Dublin 4, which was bought last year, was marketed as “an established office location with strong reversionary potential and significant asset management opportunities.” I am not certain what “strong reversionary potential” means, but the new owners have obviously interpreted it to mean “might be a good spot to have an IPAS centre.”
It’s a no brainer anyway given that the Frank Knight sales brochure refers to an annual rent roll of €400,000 whereas Anna Maria Fernandez Sanchez, the sole director of Skeaghclon, probably wouldn’t get out of her hammock overlooking the sea in Palma de Majorca for that chump change. An IPAS centre of this size would pull in multiples of that in a year.
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