DWS buys 214 Dún Laoghaire rental apartments for €108m

DWS buys 214 Dún Laoghaire rental apartments for €108m
The Fairway: residents can avail of gym facilities, a communal courtyard garden, a piazza, playgrounds and bicycle parking

British-based European investment fund DWS Alternatives Global has bought 214 apartments in a private rented sector (PRS) investment at the Fairway in Dún Laoghaire in south Dublin.

The Cosgrave Group scheme, which was guiding €95 million through agent Hooke & MacDonald, is part of the larger Cualanor development on Upper Glenageary Road and is due for completion between this September and February next year.

The €108 million price represents a gross yield of 4.89 per cent...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post