Home Activate Capital

Activate Capital

Irish housebuilder Cairn Homes has secured a €50 million two-year loan from Activate Capital, a Dublin-based residential development lender.
Ireland Strategic Investment Fund (ISIF) and KKR Credit have joined forces to establish a €500m lending vehicle that will finance house-building schemes in Ireland, the firms said in a joint statement. ISIF backed Activate Capital with €325m, while KKR Credit invested the remaining €175m. ISIF was established in June 2013 to replace the National Pension Reserve Fund and the new joint venture is its largest investment to date.
rec
rec

Copyright PEI Media

Not for publication, email or dissemination