Thursday September 24, 2020

Canadian fund eyeing up 7,000 Irish apartments

From his office in Toronto, Canada, Thomas Schwartz is hatching an ambitious plan to revolutionise Ireland's letting market.

23rd February, 2014
Camac Crescent in Inchicore, are both being let under CapReit.

From his office in Toronto, Canada, Thomas Schwartz is hatching an ambitious plan to revolutionise Ireland's letting market. His investment fund, CapReit, is already one of Canada's largest residential landlords, renting more than 40,000 apartments and houses across the country.

Now, he wants to take the CapReit model into Ireland. The firm dipped its toe in the market last year, buying 338 apartments across four separate Dublin buildings. However, if Schwartz gets his way, this is...

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