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Marlet agrees €270m financing deal for College Square scheme

Marlet agrees €270m financing deal for College Square scheme
irishtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irishtimes.com Daily Mail and Mail on Sunday newspapers.

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Marlet agrees €147m financing deal with AIG for Dublin 8 apartments

Developer Pat Creanâs Marlet Property Group has agreed a â¬147 million financing facility with AIG to fund the delivery of its Grand Canal Harbour scheme in Dublin 8.
The transaction represents the largest financing deal completed in the capital so far in 2021 and will be used for the construction of up to 596 apartments and 7,060sq m (76,000sq ft) of retail, clinical, and office (co-working) space, and 1,700sq m (18,000sq ft) of amenity space.
The Grand Canal Harbour scheme is one of six developments within the Castle portfolio, Irelandâs largest available PRS portfolio, comprising approximately 2,000 apartments and duplexes distributed across Dublin and due for delivery between July 2021 and March 2024. The portfolio, which is on the market currently through sole adviser Cantor Fitzgerald, is expected to attract offers in excess of â¬1 billion. ....

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