Cushman & Wakefield sells €17m property portfolio for Double Property Group

The transaction reflects the increasing demand for long-term leased assets with a government covenant

A computer generated image of Double Property Group’s mixed-use scheme at Limekiln Place, Greenhills in Dublin 12, comprising 26 residential units held on a long-term lease to South Dublin Co Council

Commercial real estate agency Cushman & Wakefield has completed an off-market residential portfolio sale for €17 million on behalf of its client Double Property Group.

The portfolio included a new build mixed-use scheme at Limekiln Place, Greenhills in Dublin 12, comprising 26 residential units held on a long-term lease to South Dublin Co Council and Montpelier Hill, an existing development comprising 19 units held on long-term leases to Dublin City Council.

Both developments are fully ...