German asset management company DWS recently acquired the Hayfield private apartment scheme in Killiney, Dublin, from Irish developer Park Developments for a whopping €97.5 million. The scheme is located to the south of Dublin and is considered a prime residential area.
This off-market transaction marks a significant investment in the Irish property market by DWS. The Hayfield scheme is a newly developed private apartment complex that offers modern amenities and luxurious living spaces. The acquisition of this property highlights the growing interest in high-quality residential developments in Dublin.
The sale of the Hayfield scheme represents a lucrative deal for Park Developments, showcasing the value of well-designed and well-located residential properties in the current market. The transaction also demonstrates the strong demand for premium housing options in desirable locations like Killiney.
DWS’s purchase of the Hayfield scheme underscores the company’s commitment to expanding its portfolio and investing in attractive real estate opportunities. The German asset management firm has recognized the potential for growth and returns in the Dublin property market, particularly in the residential sector.
Overall, the acquisition of the Hayfield scheme by DWS is a significant development in the Dublin property market. It reflects the confidence of international investors in the city’s real estate offerings and highlights the appeal of well-executed residential projects in sought-after locations. The transaction is expected to have a positive impact on the local property market and contribute to the continued development and growth of Dublin’s housing sector.
