Corbett student accommodation property is courting a new buyer

The sell-off of properties and investments built up over more than a decade by the Corbett family in Cork continues, with two investments with strong student accommodation elements guided at €23 million launched to the market this week.

In separate lots, they follow on the €10m sale of the Corbett-assembled Parnell Place hotel site last year to the Dalata Hotel Group.

Listed this week with joint agents Cushman & Wakefield and CBRE are Copley Court, a mix of purpose-built student accommodation and offices, earning €1.22m pa; along with Leeside Apartmets, with 149 bedrooms across 78 units, and currently earning €676,000 pa, with scope to grow that after refurbishments and relettings.