Nuveen Real Estate and the investment adviser to a joint venture have started above ground on the site of its landmark build-to-rent development at Castleforbes Business Park in Dublin’s North Docklands. The joint venture is between an insurance separate account of Nuveen’s parent company, TIAA; Australian superannuation fund HESTA; and Eagle Street Partners, the pan-European real estate investment and asset manager.
Located in Dublin’s central business district, the site is situated at the economic heart of the capital and in close proximity to the headquarters of a wide range of domestic and multinational firms. The development is due to practically complete the first phase in third quarter 2025. It will bring some much-needed social and affordable housing to the city center and overall will consist of 508 studios and one-bed apartments, 179 two-bed apartments and 15 three-bed apartments.
The 46,000-square-meter (495,000-square-foot) development will include ne
