Glenveagh pledges to exclude corporate investors from 1,200 home project in Fingal - News Summed Up

Glenveagh pledges to exclude corporate investors from 1,200 home project in Fingal


Property group Glenveagh has promised to shut out corporate investors from a major north Dublin housing project on public land as part of a deal with Fingal county council that will reserve apartments for private buyers and cost-rental tenants. She had signed a letter from Green councillors to Fingal this month demanding the exclusion of institutions and more cost-rental homes. In a second letter on Tuesday, issued hours before councillors met to vote on the project, he provided further “irrevocable” commitments. Councillors approved the project by 31 votes to nine, but Sinn Féin and the Social Democrats refused to back it. Ms Power said she would have found it “very difficult” to support the deal without the commitments made by Glenveagh.


Source: The Irish Times May 26, 2021 10:39 UTC



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