Cairn Announces Sale of 229 Units in Lucan
Cairn Homes plc, today announced the forward sale of 229 private rental sector (“PRS”) residential units in Lucan, Dublin 22 to a special purpose company managed by Carysfort Capital, and funded by Angelo Gordon, for a total cash consideration of €78.75 million including VAT. Carysfort Capital and Angelo Gordon also acquired our development at Six Hanover Quay in 2019.

Cairn Homes plc, today announced the forward sale of 229 private rental sector (“PRS”) residential units in Lucan, Dublin 22 to a special purpose company managed by Carysfort Capital, and funded by Angelo Gordon, for a total cash consideration of €78.75 million including VAT. Carysfort Capital and Angelo Gordon also acquired our development at Six Hanover Quay in 2019.