When the site was sold to O’Flynn and BlackRock in 2016 it was reported that it achieved “more than €20 million”. Accounts filed by the receivers of Wintertide suggest the developers actually paid nearly €25.5 million for the docklands site. Student schemesThe Point Campus sale concluded just before Christmas, and was one of a number of student accommodation assets that BlackRock has sold since November 2019. O’Flynn Group’s management company, Host, operated all four properties and its UK development arm, Tiger Developments, specifies on its website that it developed the Dublin, Sheffield and London properties. The Elements in Sheffield and The Foundry in Leeds properties were reportedly sold to Singapore-listed Far East Orchard in November.

Source: The Irish Times February 05, 2020 06:00 UTC