Teagasc made €1.6 million from the sale of land and buildings at the site of its former north Co. Dublin advisory office in Kinsealy.

The figure of the sale was confirmed in Teagasc's annual report and financial statements for 2025, which were published today (Tuesday, July 28).

The sale of the land and associated buildings - located between Malahide and Dublin Airport - to the Land Development Agency (LDA) was completed in January this year, the annual report states.

The statements say that the land and buildings at Kinsealy were worth €122,000 in carrying value, as assets held for sale, as of December 31, 2025.

The Kinsealy site used to be the location of a Teagasc advisory office and research centre specialising in horticulture, with some forestry and education activities as well.

Some of the land and buildings at the Kinsealy site had already been sold to the Department of Education in 2021, with a price tag of €4.4 million.

It is understood that the proceeds of that sale of were transferred to the Exchequer. This resulted in the closure of research centre.

The remainder of the site owned by Teagasc was subsequently identified by the LDA as a potential site for housing development.

The sale of property to the LDA means that the advisory office on the site is now also closed.

Speaking earlier this year, Teagasc director Prof. Frank O'Mara said: "It's a very valuable site… We had sold a little bit to the Department of Education… The Land Development Agency then also saw the value of that site. So they have purchased that site from us.

"So, many years after we decided to close it, we have now closed the Kinsealy office," he added.

Prof. O'Mara also said that the advisory and education authority was seeking a location for a new advisory office in north Co. Dublin to replace the Kinsealy office and to provide services to its farmer clients in the area who previously used Kinsealy for engagement with advisors.

The Teagasc director said that, in the absence of an office in that area, there are other Teagasc offices in relative proximity that could serve those clients before a new office is available.

"We have an office in Drogheda, we have an office in Grange [Co. Meath] and we have an office in Naas, which are all reasonably contiguous to our client base. So, you know, it's not as if they're a hundred kilometres from the nearest Teagasc office," he added.

Teagasc's director of knowledge transfer Stan Lalor also said: "We're actively seeking a location to make sure those clients up there continue to get services as they would be used to and as they're entitled to. It's a just a work in progress."