Hammersons Ironworks residential scheme near Dundrum Town Centre is set to generate €3 million in net rental income, with one-bedroom units starting at €2,450 and two-bedrooms at €2,925. The project, completed in October 2025, has already secured 30 leases, with strong demand expected. Ironworks will become the top income producer at the town centre, surpassing retail tenants. Hammerson, which shares ownership of Dundrum with Pimco, reported a £50 million profit from operations last year, with steady growth across its Irish holdings as residential and retail sectors thrive.
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