In 2017, Hines Global REIT II Inc. acquired aparto Montrose. The property was originally developed as a hotel in 1954 and was fully renovated into student housing between 2013 and 2015.
aparto Montrose is a 210-bed, Class A asset located on Stillorgan Road, directly opposite the University College Dublin campus at Belfield, a short bus ride to the city centre and a stroll away from the coast. Montose rooms are configured typically for clusters of 8 ensuite rooms with a shared kitchen-living space. It’s the ideal location for students studying at UCD, and those who prefer to live a little further away from the hustle and bustle of the city centre. The ground floor features retail providing complimentary neighbourhood services including a Bank of Ireland, Spar convenience / grocery store and the thriving Insomnia café.
The property underwent refurbishment in 2021 and reopened its doors with 100 percent occupancy in 2022.