Glenveagh pledges to exclude corporate investors from 1,200

Glenveagh pledges to exclude corporate investors from 1,200 home project in Fingal


Glenveagh pledges to exclude corporate investors from 1,200 home project in Fingal
Developer makes ‘irrevocable undertaking’ not to sell homes to institutional investors
about an hour ago
 
Property group Glenveagh has promised to shut out corporate investors from a major north Dublin housing project on public land as part of a deal with Fingal county council that will reserve apartments for private buyers and cost-rental tenants.
Glenveagh set out the binding commitments in two letters to the local authority.
The move came before councillors voted at a four-hour meeting last night to allow the company build up to 1,200 houses, apartments and duplex homes on a 28-hectare site that Fingal owns at Ballymastone, Donabate.

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