Families Displaced in ‍Loreto Chapel Estate

Thirty-four ⁢tenants, including fifteen children, residing in the Loreto Chapel estate in killarney are facing potential homelessness following ‍the issuance of eviction‍ notices. ‍The properties are owned by Xerico Ltd, a Cypriot property company,⁤ which holds ownership of fourteen houses within the estate,‌ according to ‌ Radio Kerry.

While the landlord’s actions ​are not⁤ currently alleged to be⁣ unlawful, ⁣the scale of the ‌evictions is causing significant distress within the community. The situation highlights‍ the growing vulnerability ‌of renters in areas⁤ experiencing housing shortages.

Community Response and Petition

Residents are deeply concerned ⁢about the impact of ​these evictions,not ‌only⁤ on their personal‌ lives but also on the broader Killarney community. In ⁣response, affected families have launched a‌ petition seeking to prevent​ the mass eviction and protect local families and heritage.

Landlord Contacted for Comment

Radio⁢ Kerry ⁢reports having contacted Home ‌club, xerico Limited, and LRC Group – ‍the‍ pan-European real‍ estate private equity ⁣firm that serves as Xerico’s parent company – for a statement regarding the evictions. As‌ of‌ October ⁤9, 2023, responses have not been publicly released. LRC Group ⁣specializes in real estate investment across Europe, and its involvement adds a layer of‍ complexity to the ⁣situation.