Thursday 17 January 2019

Home delivery: Hines and APG to invest €1bn in new rental stock for Dublin

Future: An artist’s impression of the new apartments being built at Cherrywood Town Centre in Dublin
Future: An artist’s impression of the new apartments being built at Cherrywood Town Centre in Dublin

Ronald Quinlan Commercial Property Editor

US real estate giant Hines and Dutch partner APG Asset Management have announced their intention to deliver a total of 3,000 homes to the rental market in Dublin and the greater Dublin Area in the coming years.

News of the estimated €1.1bn investment in Ireland's Build-to-Rent market came at the commencement yesterday of construction on the 1,269 apartments at Cherrywood Town Centre in South Dublin.

Irish Independent

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