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Industry | Real estate, Property developments |
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Founded | 1979 in Dublin |
Key people | Joseph Cosgrave, Michael Cosgrave |
The Cosgrave Property Group is an Irish property development company established by brothers Joseph, Michael, and Peter Cosgrave. It currently has loans from the National Asset Management Agency. [1]
The group is also known as Cosgrave Developments [2] and is a subsidiary of Borg Developments. [3]
The company was established in 1979 by the brothers Joseph, Michael and Peter Cosgrave, sons of Jack Cosgrave, also a notable property developer. [4]
In 2007 the company won the Irish Developer of the Year Award [2] at the award event organised by UK property magazine Property Week. [5]
In 2014 Cosgrave has sold to Green REIT a €384.4 million worth portfolio, comprising office buildings at Georges Quay and George's Court, Dublin 2 and retail and commercial space in Westend Retail Park, Blanchardstown. [6]
In September 2016 the company has announced plans to build new office building called The Exchange. A€60m million funding was provided by Irish investment fund IPUT. [7]
In 2016, the company sold 197 apartments at Neptune, Honeypark to SW3 Capital-Tristan Capital Partners for €72.5m. The following year, the Cosgraves sold 319 apartments at the Leone and Charlotte buildings at Honeypark to Patrizia for €132m. [8]