The Cosgrave Property Group is an Irish property development company established by brothers Joseph, Michael, and Peter Cosgrave. It currently has loans from the National Asset Management Agency.[1]
 | |
| Industry | Real estate, Property developments |
|---|---|
| Founded | 1979 in Dublin |
Key people | Joseph Cosgrave, Michael Cosgrave |
The group is also known as Cosgrave Developments[2] and is a subsidiary of Borg Developments.[3]
History
The company was established in 1979 by the brothers Joseph, Michael and Peter Cosgrave, sons of Jack Cosgrave, also a notable property developer.[4]
In 2007 the company won the Irish Developer of the Year Award[2] at the award event organised by UK property magazine Property Week.[5]
In 2014 Cosgrave has sold to Green REIT a €384.4 million worth portfolio, comprising office buildings at Georges Quay and George's Court, Dublin 2 and retail and commercial space in Westend Retail Park, Blanchardstown.[6]
In September 2016 the company has announced plans to build new office building called The Exchange. A€60m million funding was provided by Irish investment fund IPUT.[7]
In 2016, the company sold 197 apartments at Neptune, Honeypark to SW3 Capital-Tristan Capital Partners for €72.5m. The following year, the Cosgraves sold 319 apartments at the Leone and Charlotte buildings at Honeypark to Patrizia for €132m.[8]
Property
- Belville, Donnybrook, Dublin, Ireland.[2]
- Morehampton Square, Donnybrook, Dublin, Ireland.[2]
- Donnybrook Manor, Donnybrook, Dublin, Ireland.[2]
- Sweepstakes and Shrewsbury, Ballsbridge, Dublin, Ireland.[2]
- Chesterfield, Castleknock, Dublin, Ireland.[2]
- Custom Hall, Gardiner Street, Dublin, Ireland (1992).[2]
- St. Helen's, Booterstown, Dublin, Ireland. Currently operated as a Radisson Hotel. (1996 IEP£2m)[9]
- Ardilea Wood, Clonskeagh, Dublin, Ireland (2000). Noted as the first development of IEP£1m houses in Ireland.[2]
- The 78 acre former site of the Dun Laoghaire Golf Club on Glenageary Road, Dublin, Ireland.[10] (2002 EUR€20m[11])
- George's Quay office complex, Dublin, Ireland.[4]
- Caxtongate retail and office complex, Birmingham, United Kingdom. (Bought 2006 GBP£78.8m, Sold 2011 approx. 25% for £16m / €18.23m).[12]
- Liberty shopping centre, Romford, Essex, United Kingdom, (2006 GBP£281m[13] / EUR€415m[4]).
- 301–307 Oxford Street, London, United Kingdom. (2007 GBP£86.5m / EUR€124m)[14]
- Jubilee House, 197–213 Oxford Street, London, United Kingdom. (Sold 2011 GBP£165m[15]).
- 215–219 Oxford Street, London, United Kingdom. (Sold 2011 GBP£55.1m[15]).
- Cedarview, Northwood, Santry Demesne, Dublin, Ireland