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Cairn Homes strikes €101m deal for prime Dublin scheme

Irish housebuilder Cairn Homes is selling its prime Dublin city centre development at Six Hanover Quay to Irish real estate investment manager, Carysfort Capital, in a €101m deal.

Six Hanover Quay, which comprises 120 apartments, a 5,000 sq ft restaurant and 1,400 sq ft café, is presently under construction and legal completion of the deal to special purpose vehicle managed by Carysfort is scheduled for Q1 2019.

This deal represents an average gross sales price of €800,000 for each of the apartments.

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