Housing minister will ‘assess’ Greystar plans to increase rental prices

Minister for Finance, Paschal Donohoe and Minister for Housing Darragh O'Brien on a walkabout at O'Devaney Gardens in Dublin with Senator Mary Fitzpatrick and Cllr Ray McAdam. Photograph: Laura HuttonMinister for Housing Darragh O’Brien has said he will assess plans by US group Greystar to increase rental accommodation prices across its European property portfolio.

The company has raised a new fund worth €1.55 billion targeting residential rental accommodation in Europe. Greystar made its first investment in Ireland in July 2019, paying €175.5 million for 268 high-end apartments at Dublin Landings. The Dublin Fingal TD was speaking alongside the Minister for Finance Paschal Donohoe during a site visit of O’Devaney Gardens in Dublin’s north inner city. Over 50 families will begin to move into new homes at the complex before the end of the year, Mr O’Brien said.

Yeah, let's all keep pretending it's the big bad 'cuckoo funds'' fault.

Well done DarraghOBrienTD Keep looking after them

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