Summary:
- Elkstone has completed Queen Street Place, a 345-bed purpose-built student accommodation (PBSA) development in Galway city centre, operated by UK-based platform Mezzino, addressing a critical shortage of student housing in the region.
- The firm is also developing a second 240-bed PBSA scheme near Westside shopping centre in Galway, due for completion by September 2027, expanding its portfolio of over 3,200 properties across Ireland.
- Under new CEO Joe Bergin, Elkstone continues its strategic focus on scaling real estate assets to ease housing pressures, having secured planning for more than 1,500 student units in the past two years amid a national deficit of nearly 39,000 student beds.
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