Housing

Exclusive: Ryanair spent almost €500k per unit in bulk purchase of Swords estate

New details about the deal for Fosterstown Place show the airline paid between €471,000 and €544,000 per house

Fosterstown Place: Ryanair bought the majority of the 28-unit estate in Swords to accomodate its staff. Picture: RollingNews.ie

Ryanair paid more than €12 million to bulk buy 25 new-build homes in a north Dublin housing estate in January.

Earlier this year, the Business Post first revealed that the airline bought the majority of homes in Fosterstown Place, a 28-unit estate in Swords, to help accommodate its workers amid the ongoing housing crisis.

New details published on the Property Price Register have shown that Ryanair spent more than €12.4 million to acquire the 25 ...