Business Irish

Monday 16 September 2019

Ergo: 'Joe O'Reilly latest developer to push for shared living'

Developer Joe O’Reilly, founder of Chartered Land
Developer Joe O’Reilly, founder of Chartered Land

It is fair to say that co-living has gone through a baptism of fire since its introduction here. The housing model, whereby tenants can share common rooms with dozens of other housemates, has been roundly criticised and even labelled as 'Dickensian' by some.

Despite this, it has not stopped investors from pushing ahead, as the model offers very attractive returns, with most rooms set to boast monthly rents in excess of €1,000.

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Brands like UK-based The Collective, German group Medici Living, and Richard Barrett's Bartra Capital have all outlined plans to bring shared living options to the Dublin market.

Ergo sees that well-known developer Joe O'Reilly is now also eyeing up his own shared living scheme.

O'Reilly's Chartered Land is better-known for high-end schemes like Lansdowne Place and Elmpark Green, but another company he is involved in has an eye on the build-to-rent sector.

Ruirside Developments was established in 2017 and boasts fellow Chartered Land executives Anna Culhane and David Scanlon among its directors.

The company has entered a consultation with An Bord Pleanála before it lodges what will likely be a permission application for 408 build-to-rent apartments and a further 28 shared living units on Parkgate Street in Dublin 8. If Ruirside goes ahead with the plans, it will go through the fast-track system.

The consultation with the planning board is due to close by October 14.

Goal's Jurkowska journeys from au pair to rising star

Minding children can be a taxing exercise, especially if they are not your own. Such patience-testing seems to have acted as a suitable launch pad for Ireland's latest accountancy star.

Patrycja Jurkowska came to Ireland in 2004 aged 18, where she worked as an au pair and a waitress. Following on from those duties, she studied business office management, excelling in finance and accounting along the way, before training as a chartered accountant.

She has just won the Young Chartered Star from Chartered Accountants Ireland.

She now works with Goal Global as an operations accountant. Her role with Goal sees her working with finance teams in Haiti and Honduras to help them become more effective accountants. A long way from humble beginnings.

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