Santry apartments sold for €123.5m by Cosgrave

The 297 units are spread across four buildings, including eight penthouse apartments with three bedrooms each

15th November, 2020
Santry apartments sold for €123.5m by Cosgrave
Construction is due to commence later this month at Blackwood Square in Northwood, Santry, Dublin 9

Developer Cosgrave Property Group has completed a major forward sale of 297 apartments at Blackwood Square in the Northwood apartment scheme in Santry in Dublin 9 for €123.5 million.

The purchaser is a joint venture between Round Hill Capital and QuadReal Property Group. Agent Hooke & MacDonald handled the sale on behalf of Cosgrave.

Construction is due to commence later this month. The forward purchase price represents a gross yield in the region of 5.45 per cent.

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Seven acres of development land in Longford Town guiding €1.5m

Industrial space on offer in Dublin 12 for €900,000

O’Connor Murphy and QRE announce four new appointments