Accommodationg aggregator, Hatch Student Living, has announced the completion of its newly refurbished 265-room facility in Cork, Ireland
A 265-room property for students in Co Cork will open this week after having undergone an extensive €25 million upgrade.
The property at Copley Street in Cork city is controlled by Hatch Student Living with financial backing from Elkstone, a multi-family office based in Dublin. The pair acquired the property in February 2018 and set about upgrading a co-living property for students driven by increased demand in the city.
Hatch Student Living invests in the refurbishment of older properties and manages accommodation in Cork and Carlow. The company is focused on providing additional accommodation to meet the planned expansion in student numbers over the coming years.
When Hatch and Elkstone acquired the block it had 137 bedrooms. It has since almost doubled the size of the residence, located at what was formally the University College Cork school of architecture.
Hatch is a relatively new player in the student accommodation market and was founded by Robert McNally and Richard Brierley. Both have extensive experience in the student accommodation sector in Ireland and the United Kingdom.
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