Glenveagh buys docklands to build at least 450 homes

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At the centre of this is Glenveagh Castle, a Scottish style castle surrounded by one of the finest gardens in Ireland, which contrast with the rugged surroundings. House builder glenveagh properties has signed a contract to purchase a two hectare site in Dublin’s North Docklands with the potential to deliver at least 450 residential units.

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Housebuilder Glenveagh has announced the acquisition of four new sites capable of delivering 2,780 homes at a combined cost of 120 million. The company, which is listed on Euronext Dublin and.

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Glenveagh Properties PLC, formerly Glenveagh Properties Ltd, is an Ireland-based company focused on developing and building starter, mid-size and executive and high-end homes, with a principal focus on the Greater Dublin Area, either for itself or on behalf of third parties.

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Glenveagh has also signed an unconditional legal contract to acquire a 162-acre site in Hollystown, Dublin 15, currently occupied by Hollystown Golf Club, with the scope to deliver 200 family homes between 2019 and 2023, subject to planning. Investec estimates that Glenveagh will have paid about 25-30 million for the sites.

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Listed housebuilder Glenveagh Properties has purchased land capable of delivering over 1,250 homes, subject to planning permission, for a price in excess of 65m. The 113 hectare site, 39.

Below are the main stories over the last seven days. As always, please do let me know if I have missed out on any interesting property news by emailing carol@caroltallon.com. One of the biggest stories this week was confirmation of the purchase by Glenveagh Properties of a two-hectare site in Dublin’s North Docklands with the potential for 450 homes, full story here.