Key Takeaways
- • Greystar has been appointed by Kennedy Wilson and APG to provide residential property management across more than 1,100 homes at Cherrywood in South Dublin, described as one of the largest single residential property management mandates in the Irish market.
- • The mandate follows the formation earlier in 2026 of a €2 billion ($2.25 billion) Irish residential partnership between Kennedy Wilson and APG, through which Kennedy Wilson acquired a minority interest in APG's existing Cherrywood portfolio.
- • The broader partnership includes development and delivery of approximately 2,300 new rental homes across three sites in Dublin.
- • Cherrywood comprises more than 1,100 occupied homes across three neighborhoods, with resident amenities, extensive public realm and direct access to the Luas light-rail line.
- • Greystar, which the publisher context describes as overseeing approximately $300 billion in real estate assets under management, adds a large-scale Irish residential mandate to its portfolio.
Summary
Greystar has been appointed by Kennedy Wilson and APG to provide residential property management services across more than 1,100 homes at Cherrywood in South Dublin, according to the original report. The mandate is described as one of the largest single residential property management contracts in the Irish market.
The appointment follows the formation earlier in 2026 of a €2 billion ($2.25 billion) Irish residential partnership between Kennedy Wilson and APG. Under that partnership, Kennedy Wilson acquired a minority interest in APG's existing Cherrywood portfolio. The partnership also includes the development and delivery of approximately 2,300 new rental homes across three sites in Dublin.
Cherrywood is an established residential community within one of Dublin's largest urban centers, made up of more than 1,100 occupied homes across three neighborhoods. The portfolio offers a range of resident amenities, extensive public realm and direct access to the Luas light-rail line, which connects the community to Dublin.
Greystar's publisher materials describe the firm as overseeing approximately $300 billion in real estate assets under management across 19 countries, and as the global leader in rental housing. The Cherrywood mandate extends that platform into the Irish residential market.
The appointment follows the formation earlier in 2026 of a €2 billion ($2.25 billion) Irish residential partnership between Kennedy Wilson and APG. Under that partnership, Kennedy Wilson acquired a minority interest in APG's existing Cherrywood portfolio. The partnership also includes the development and delivery of approximately 2,300 new rental homes across three sites in Dublin.
Cherrywood is an established residential community within one of Dublin's largest urban centers, made up of more than 1,100 occupied homes across three neighborhoods. The portfolio offers a range of resident amenities, extensive public realm and direct access to the Luas light-rail line, which connects the community to Dublin.
Greystar's publisher materials describe the firm as overseeing approximately $300 billion in real estate assets under management across 19 countries, and as the global leader in rental housing. The Cherrywood mandate extends that platform into the Irish residential market.
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