Real Estate
Home›Real Estate›Industry›Redevco closes €57.3M green loan for Dublin housing sc…
Redevco closes €57.3M green loan for Dublin housing scheme
The 156-unit project at Mount Anville, Dublin 14, will include heat pumps and solar PV, plus affordable housing, a crèche, and EV-charging infrastructure.
Amsterdam-based Redevco has closed a €57.3 million green loan to finance a 156-unit residential development in Mount Anville, Dublin 14, about 3 miles south of Dublin city centre.
Bisnow reports the loan is structured under the Loan Market Association Green Loan Principles and will fund multiple housing formats, including apartments, houses and duplexes. The plan also includes affordable housing, on-site amenities and a crèche.
The development is designed to deliver energy-efficient homes, with low-carbon energy systems such as heat pumps and solar photovoltaic, along with energy-efficient building design and materials.
Redevco, which is backed by Bain Capital’s European real estate business as the owner, appointed Regency as development manager, and said the transaction supports its focus on real estate opportunities targeting stronger sustainability outcomes, including high energy ratings and enhanced biodiversity.