Council plans to lease estate for more than cost to buy

Social Democrats TD Catherine Murphy says it’s time for the state to halt these type of long-term leasing deals for social housing.

An aerial shot of the Heron Wood estate in Cabinteely, south Co Dublin.

A local authority is in negotiations with a developer to lease a new estate for social housing, in a deal that would cost up to €20 million in rent.

The Heron Wood estate in Cabinteely village in south Co Dublin has been put on the market at a proposed rent of €800,000 a year.

Dún Laoghaire-Rathdown Council is now negotiating to lease out all 34 apartments and houses in the estate for 25 years by ...