German investor pays €35m for high-end Mount Merrion homes
Real IS AG set to secure 3.65% yield from investment in 48 apartments developed by Marlet Property Group
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Real IS AG set to secure 3.65% yield from investment in 48 apartments developed by Marlet Property Group
Real IS fund acquires 63 apartments and 9 penthouses at exclusive Knockrabo scheme
Developer Gerry Gannon has completed the sale of the Paper Mill site in Clonskeagh, Dublin 6 to Bain Capital, an American-owned private investment firm which has been involved in a number of property developments in Dublin. Sales agents Knight Frank had been quoting €18m to €20m for the site and it is believed to have achieved slightly over the €18m mark. CBRE acted for the purchaser. State agency Nama will benefit from the deal as it had a charge on the site. The 3.14-acre site has planning permission for 126 apartments in blocks rising to four storeys and the deal also included 10 exi...