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This week’s vital property news: UCD to spend €300 million building student residences

Everything you need to know in one quick guided tour.

UCD UCD

The Big Movers

UCD is planning to build 3,000 new residences at a cost of €300 million

University College Dublin’s campus development plan will see 3,000 new student residences built at a cost of €300 million, part of an overall plan of €775 million.

… while an existing student complex is under the hammer at €41.5million

The Montrose student residence directly opposite UCD is up for auction. Its 205 rooms - formerly a three-star hotel – sit over ground floor commercial and the whole complex is expected to bring in €2.91million in annual rent.

Under Construction

Daft Daft

Des Res

Netscape’s founder, and billionaire, Jim Clark is selling his Palm Springs, Florida home for $137 million (approximately €122.5 million). It has 10 bedrooms, 13 bathrooms, two swimming pools and loads more. Check it out here.

This week’s vital property news: UCD to spend €300 million building student residences
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  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

  • Jim Clark's Florida home

All images: Business Insider

And Finally…

Marten Sims, who leads Happy City’s European operations, is to speak today, September 2, at the #UrbanFutures conference running at Dublin Castle. Happy City is an initiative to ‘build happiness into neighbourhoods and cities through research, public events and collaborative consulting’.

Read: Rental prices are now higher than during the Celtic Tiger

Also: Cork city sees the biggest rise in average rent prices

Author
Edel Corrigan
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