DWS fund buys 214 apartments near Dublin
A DWS fund is acquiring 214 apartments being developed by the Cosgrave Group in the Dublin-area town of Dún Laoghaire for around €108mn. The rental apartments are due for completion in stages between September 2019 and February 2020. Plans are for four five-story and six-story buildings to be built over an underground parking garage. The Irish Times has reported that the purchase price was well above the initial price guide of €95mn. DWS confirmed the transaction to TD.
Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.
TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.