Cairn Homes to build over 100 apartments on Dublin’s Hanover Quay site
January 06
11:50
2016
Irish homebuilder Cairn Homes has said it is acquiring a site in Hanover Quay in the Dublin Docklands for €18m, from a fund involving Nama, Bennett Construction and Oaktree Capital.
It said the site will allow for the development of “in excess of 100 apartments”. The site has existing planning permission, which Cairn said will allow it to begin construction this year.
Cairn chief executive Michael Stanley said that the Hanover Quay site represents a “key achievement for the company”. He also added :
“It provides Cairn with the opportunity to provide much-needed quality homes in the Dublin business centre and Silicon Docks area of the city, which has a particularly acute demand for new homes.”
