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Sat 06 Jun 2008€50m French embassy fails to sell and is back on market

THE FRENCH government has failed to clinch the sale of its embassy residence on Ailesbury Road in Ballsbridge, Dublin, despite interest in the €50 million property from three of Ireland's wealthiest businessmen.

The mansion on 1.75 acres is said to be back on the market after a lengthy but inconclusive tender process.