Elkstone has launched a strategic partnership with Harrison Street to develop over 1,500 purpose-built student beds in Dublin, Limerick, Cork, and Galway by 2028. The partnership will complete its first development – Stoneybatter Place – this September, which will comprise 142 student beds and is situated on Manor Street in Dublin. The five-storey property is conveniently located minutes from Technological University Dublin, and is a short distance from Trinity College, the Law Library and Kings Inn.
In addition to quality ensuite bedrooms, students at Stoneybatter Place will have access to a large common area, laundry facilities, an expansive gym and two well-appointed roof gardens. The development has experienced high demand and already has limited availability for the start of this Autumn’s academic term.
Ciarán McIntyre, Head of Real Estate at Elkstone, said: “We are excited to embark on this new journey with Harrison Street. The firm’s depth of knowledge in this sector, matched with our own local and international experience, provides a strong platform to develop a high-quality portfolio of purpose-built student accommodation (PBSA) across the Irish market. We look forward to delivering much-needed accommodation to a number of locations and providing a first-class student experience.”
“Today’s announcement reflects our ongoing commitment to expand our presence in the Irish student housing market, which continues to demonstrate a tremendous need for high-quality student accommodations,” said Paul Bashir, Chief Executive Officer of Harrison Street’s European Business. “80% of Dublin’s student population does not have access to purpose-built student housing options, and through our ongoing partnership with Elkstone we look forward to closing that gap by bringing premium student housing options to the market.”