Clúid Housing’s Acquisition of 96 New Cost Rental Apartments

ByrneWallace LLP acted for Stennock Limited and Montane Developments on the deal.

Stennock Limited, as developer and Montane Developments, as builder, sold 96 new cost rental apartments at the Paddocks, Newbridge, Co. Kildare to Clúid Housing . 

Under the Government’s Cost Rental Scheme, rents are targeted at a minimum of 25% below open market value and residents will also be provided with long-term security of tenure. 

The ByrneWallace LLP team who advised on this transaction included Neil Dunne (Picture – Partner, Property), Aoife Coughlan (Solicitor) and Martin Cooney (Partner and Head of Construction).

Involved fees earner: Martin Cooney – Byrne Wallace ; Aoife Coughlan – Byrne Wallace ; Neil Dunne – Byrne Wallace ;

Law Firms: Byrne Wallace ;

Clients: Montane Developments; Stennock Limited;

Giulia Di Palma

Author: Giulia Di Palma