Friday November 27, 2020

Kennedy Wilson demands Nama clean up derelict site close to near-empty Capital Dock

Sources say the state of the site has damaged the US fund’s ability to lease apartments nearby

Killian Woods

Business reporter

@killianwoods
8th March, 2020
100 luxury apartments in Capital Dock – Ireland’s tallest residential building – were still empty a year after being put on the market

The National Asset Management Agency (Nama) has been put under pressure by US fund Kennedy Wilson to clean up a derelict site near its largely empty Capital Dock development, it is understood.

Last month, the Business Post revealed that 100 luxury apartments in Capital Dock – Ireland’s tallest residential building – were still empty a year after being put on the market.

The 22-storey apartment scheme contains 190 build-to-let residential units. The homes, based...

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