Multi-Family Investment In Hampton Wood

Newly Built and Ready to Go Investment

DUBLIN, 8th November 2017 – CBRE and Dillon Marshal have today launched The Square, Hampton Wood to the market. The investment is a standalone development of 128 units comprising one and two bedroom apartments within a four to six storey over basement development set in landscaped gardens within the larger Hampton Wood development.

The investment sits within The Hampton Wood estate which has been developed over the last number of years and comprises over 1,000 homes with a broad mix of unit types. The Square, Hampton Wood is easily accessible and is ideally located within the M50 Motorway, between Junction 4 and Junction 5. The scheme is a short distance from Dublin City University, Dublin International Airport, Northwood Business Park and Dublin City Centre.

The Square Hampton Wood consists of 24 fully furnished units and the remaining units fit-out with flooring and white goods, beautifully landscaped grounds and ample car parking with a car space allocated for each apartment, 117 at basement Level and 11 surface level spaces. The scheme has been developed to an exceptionally high standard by Dwyer Nolan developments who have a long track record in delivering housing and apartments to the Dublin market since 1971. The development includes an energy efficient air-to-water heating systems in each unit and has Building Energy Ratings ranging from A2 to A3.

The launch of The Square, Hampton Wood comes off the back of a recent off-market deal in Leopardstown Co. Dublin where Dwyer Nolan sold 138 new-build apartments to a UK based Build-to-rent investor.

CBRE and Dillon Marshall are guiding €32 million for the investment which equates to a gross yield of approximately 7.25% and an average price per unit of approximately €249,900. 24 of the newly completed units have been let at market rent with the remaining units ready to market. The total projected gross income for the scheme is in the region of €2,435,000 per annum. The scheme is being sold in its entirety with practical completion expected December 2017. This scheme provides an investor with a rare opportunity to purchase a purpose built asset developed for a professional landlord at a time in the market where stock is limited.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com

CBRE U.C., (CBRE Ireland) registered in Ireland, no. 316570. PSRA Licence No. 001528 is the country’s largest commercial real estate services company with offices in Dublin and Cork. Currently employing over 135 employees, we work with occupiers, investors and developers of office, industrial and logistic, retail, hotel and healthcare property, providing strategic advice and execution for property sales and leasing; tenant representation, corporate services; property and project management; appraisal and valuation; development services; investment management and debt advisory; business rates and compulsory purchase and research and consulting. Please visit our website at www.cbre.ie