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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]
The group is also known as Cosgrave Developments[2] and is a subsidiary of Borg Developments.[3]
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 a new office building called The Exchange. A€60m million funding was provided by Irish investment fund IPUT.[7] [8] 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.[9]
