Glenveagh Properties PLC completes the acquisition of eleven development sites

Acquisition of Eleven-Development Sites

The successful acquisition of 11 development sites with the potential to support more than 1,300 units has been completed. Nine of the sites were identified as part of a portfolio called ‘Project Kells’. In addition the Company has acquired two sites in Balbriggan, Co. Dublin and will deliver just under 450 residential units.

“We have been very busy since our listing last month on the London and Irish Stock Exchanges, developing our various plans, progressing discussions towards the acquisition of various sites and informing the local market about our ambitions to deliver houses and apartments for third parties through Glenveagh Living,” Justin Bickle, Glenveagh Properties PLC Co-Founder and CEO.