Tuath Housing Association entered into an agreement to acquire 194 residential units in West Dublin from Irish Residential Properties REIT Plc (ISE:IRES) for ?72.1 million on August 2, 2023. The contract for sale provides for: the sale of 91 units in Hansfield Wood for a total consideration of ?38.12m (including VAT but excluding other transaction costs) with planned closing before the end of August 2023; the sale to Tuath Housing Association an additional 103 apartments, which includes Piper?s Court, and a small 8 unit apartment building in Hansfield Wood, for a total consideration of ?33.94m (including VAT but excluding other transaction costs), it as a number of conditions yet to be satisfied and is therefore expected to close before the end of this year.

Tuath Housing Association completed the acquisition of194 residential units in West Dublin from Irish Residential Properties REIT Plc (ISE:IRES) on October 2, 2023. The transaction was completed in two phases, The sale of 91 units in Hansfield Wood closed on August 25, 2023, for a total consideration of ?38.12 million, and the sale of an additional 103 apartments which includes Piper?s Court, and a small 8-unit apartment building in Hansfield Wood closed October 2, 2023, for a total consideration of ?33.94 million. Joan Maclean of AMOSS Solicitors acted as legal advisor to Tuath Housing Association.