Marlet finalises Mount Argus sale to German real estate fund

8th April 2020 – Marlet finalised the sale of  its Mount Argus development in Harold’s Cross, Dublin 6W to German fund, Patrizia AG for €93 million.

Located next to Mount Argus Park in Harold’s Cross but also close to Rathmines, the canal and the city centre, Mount Argus is a mix of one-, two- and three-bedroom apartments. The development includes a 231 basement car park spaces, landscaped open spaces with children’s play areas as well as a gym, residents lounge, cinema, games area and concierge service.

Antonio Marin-Bataller, Director, Transactions UK and Ireland at PATRIZIA, commented: “We expect this development’s high-quality design and attractive location to meet with positive reception, addressing a shortage of new accommodation for the Dublin community.”

Our CEO, Pat Crean said: “We take it as a testament to our growing reputation for quality that Patrizia AG forward bought the Mount Argus development.”