Hundreds of luxury apartments controlled by US fund lie vacant in capital

Kennedy Wilson real estate firm sees high vacancy rate for phase three apartments in Clancy Quay in Dublin 8 and the 22-storey Capital Dock in Docklands

17th January, 2021
Hundreds of luxury apartments controlled by US fund lie vacant in capital
Capital Dock: nearly half the 190 apartments in the 22-storey built-to-let tower in Dublin’s Docklands are vacant. Picture: Fergal Phillips.

Hundreds of luxury apartments lie vacant at two of Dublin’s most prominent rental blocks controlled by a billion-dollar US fund.

A detailed analysis of the Residential Tenancies Board (RTB) register by the Business Post has shown nearly four-fifths of the 246 apartments in phase three of Clancy Quay in Dublin 8 are empty.

Nearly half of the apartments in Capital Dock, a 190-apartment, 22-storey built-to-let tower in Dublin’s Docklands are also vacant....

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