Developer Rick Larkin’s Twinlite is pressing ahead with the construction of 282 apartments at Clongriffin in north Dublin after securing €90 million in investment, notwithstanding the uncertainty caused by the Covid-19 pandemic.
The units at Two Three North are aimed primarily towards the private rented sector, and represent Twinlite’s second major residential scheme in the area.
The developer’s first site in Clongriffin, One Three North, was one of the fastest schemes of its scale to be built in Ireland to date, taking just 20 months to complete all 376 apartments, despite delays arising from the pandemic. Twinlite sold the scheme last year to European real estate investment specialists, Tristan Capital Partners, for about €130 million. As part of that transaction, Twinlite undertook to manage the scheme through its vestaliving.ie digital platform.
According to Larkin: “We succeeded in securing investment during the height of the pandemic which allowed us to start
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