Contact the Capital Investment team for more details about this opportunity

Opportunity Belfast Waterside

This is a multi-phase scheme in a prime location with office, hotel, serviced apartments, residential and private rental opportunities.

It represents an investment opportunity for equity investors or funders. The project has a total value of 450 million GBP gross development value (GDV).

Contact the Capital Investment team for more details about this opportunity.

Artistic impression of a new apartment complex with people outside it as part of the completed Belfast waterside development


Belfast City Centre – River Lagan


Project promoter

Swinford (Sirocco) Ltd



£450 million GDV



Retail, Commercial, Residential, Hotel, Private rented sector


Investment type

Equity investor/funder


Planning status

Entire scheme approved

A map showing the locations of Belfast and Londonderry and the main transport links between the two cities

Project background

This project occupies one of the best locations in Central Belfast. The site is only 750 metres from the refurbished Lanyon Place Train Station. This is a major terminus for commuter routes and hosts the cross-border Enterprise service to Dublin.

The site has substantial frontage onto the River Lagan in a rejuvenated area with 750 million GBP of public and private sector investment already. Confidence in the area is also demonstrated by a recent 8,400 square metre (90,000 square feet) extension to Belfast Waterfront Hall.

There is compelling and sustained evidence of success through economic indicators that point towards an attractive office investment environment. A notable example is that in 2018 uptake for Grade A office space doubled from the year before.

Tourism also has significant potential and this sector is fast becoming a 1 billion GBP a year generator for Northern Ireland’s economy. Rising visitor numbers reached 4.5 million in 2018, fuelling demand for hotels. Visitors have also been staying longer and spending more as they are drawn to world class attractions. These include UNESCO Heritage Site the Giant’s Causeway and locations made famous by HBO’s epic fantasy series Game of Thrones.

Belfast City Council has an active policy of encouraging residential elements within developments in Belfast and this project would suit the private rented sector.

About the project

The site is 6.5 hectares (16 acres) of prime river front which can be phased.

Opportunities include:

  • Grade A office space of around 73,400 square metres (790,000 square feet).
  • Class A1 retail of around 2,000 square metres (22,000 square feet).
  • Class A2 retail, financial, professional and other services of around 500 square metres (5,400 square metres).
  • Class D1 for community and cultural uses such as doctors surgery, dentist, crèche and art gallery of around 1,300 square metres (14,000 square feet).
  • Class D2 leisure uses of around 1,300 square metres (14,000 square feet)
  • Cafes, bars and restaurants of around 5,200 square metres (56,000 square feet)
  • 700 apartments
  • Hotel and serviced apartments of around 18,200 square metres (196,000 square feet)

Risk is reduced as this project is multi-sector and can be constructed in several phases.

Promoters and partnerships

Alongside this investment opportunity, the project promoter can offer investors partnership opportunities on similar schemes throughout the UK.

Belfast City Council are the planning authority.

To invest in the UK, get in touch with our team.

Find out more about The Waterside, Belfast.