Student accommodation developer Crosslane Property Group is understood to be negotiating to buy a Dublin site CAIAIMAGE/TOM MERTON/GETTYCrosslane Property Group (CPG), a British student accommodation developer, is planning a move into the Irish market. It is understood that the company is negotiating to buy a Dublin site, with plans to launch a new student accommodation block by the summer of 2019. The Manchester-based developer is seeking to raise £325m (€380m) to forward-fund its student accommodation pipeline. It has a 821 beds under construction and is planning to add a further 2,200. With about 40,000 third-level students seeking accommodation in Dublin’s already crowded private rental sector, the…

Source: The Times April 08, 2017 22:56 UTC