Clonsilla, Dublin 15
Clonsilla, Dublin 15
Site Acquisition Finance
Location:
Clonsilla, Dublin 15
Number of Units:
PRS for 221 units
Loan Amount:
€3.5 Million
Santiago Capital provided site acquisition finance to the borrower. The site is 5.73 acres in size and located in Clonsilla, Dublin 15, adjacent to a train line and bordering an established residential area. The promoters strategy is to get planning for 221 units through the SHD, fast track planning system. This will be a Private Rental Scheme (PRS) or more commonly known as build to rent. This is another example of Santiago Capital backing projects that meet the criteria for a credible exit into a core sector within the Irish Investment market.
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