Urbeo welcomes approaches from developers, landowners and other promoters of schemes that can be turned into successful communities of rental housing. Generally, Urbeo seeks projects of scale that are well located and well connected to employment centres.
The pilot project for Urbeo Residential is a 131-unit apartment complex at New Bancroft in Tallaght. This development was acquired from developers in 2017 with funding from private investors and ISIF (Ireland Strategic Investment Fund), together with some debt. The project has been an unqualified success and has remained fully tenanted with a mix of private and supported tenancies. The units are fitted out to a high specification, and demand continues to surpass expectations.
With a mix of 1-, 2- and 3-bedroomed units, New Bancroft has developed into a community of all family types.