Housing

Deutsche Bank’s investment arm snaps up Dublin homes originally aimed at individual buyers

€800 billion German asset manager majority controlled by Deutsche Bank has bought the Belcamp Manor homes

Belcamp Manor, which was built by developer Greg Kavanagh, is a 54-unit housing estate in Balgriffin, Dublin 17.

Deutsche Bank’s investment arm is the new owner of the 46 homes in a Dublin housing estate that were bulk bought in December, the Business Post can reveal.

New records filed on the Land Registry have shown that 85 per cent of the homes in Belcamp Manor, acquired as part of a €24.5 million deal, are now being transferred to DWS Group.

DWS Group, the €800 billion German asset manager majority controlled by Deutsche Bank, ...