Crosslane Student Developments has completed a quick sale of its first Irish purpose-built student accommodation development, Carman’s Hall in Dublin, to alternative asset manager the Carlyle Group.
Having acquired the site in May, Crosslane secured planning consent to begin work on a 207-bed purpose built student accommodation scheme in August before making the off-market sale to Carlyle. Crosslane will continue to act as development manager to oversee construction of the new scheme and ensure it is completed for the 2019/2020 academic year.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts