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New provider of ‘bed-led’ finance offers €300m in developer loans

Elgin Property Finance, a new Irish property finance lender, has partnered with Pollen Street Capital, a London-based venture capital company, to provide up to €300m for Irish property development loans over the next three to five years. Part of the Irish MM Capital group, Elgin aims to provide debt finance primarily for housing projects including social housing, as well as other “bed-led”...

€3m guide price for Rathmines property with potential for 26 flats

  A residential development site in Rathmines, Dublin 6 with full planning permission for 26 apartments has been brought to the market with a €3m guide price. Located at 189 and 190 Rathgar Road, the site extends to 0.32 acres and currently comprises two vacant residential properties one of which has been extended to the rear and divided into five flats. The other consists of a house. Its...

French investment firm Sofidy scores hat trick of Dublin offices

UK life assurer and asset manager Abrdn has sold its office investment Fleming Court, off Baggot St, Dublin 4, for around its €18m asking price.That equated to an underlying capital value of about €613 per sqft.The purchaser, French investment firm Sofidy, already acquired 76-78 Harcourt Street and Fitzwilliam Hall, both located in Dublin 2, last year.Fleming Court’s tenants include Signal...

DCU spin-out firm gets €1.8m from Bank of Ireland venture fund

Bank of Ireland’s venture capital arm has invested €1.8m in Dublin City University’s Pilot Photonics spin-out.Kernel Capital confirmed its investment on Thursday in the tech start-up, which has patented a technique that can create multiple lasers from one device.Photonics is the science of light and is used in manufacturing, medical devices, telecoms, security and also to scan groceries in...

Landlords & Investors

At Michael Roberts, our dedicated team specialise in the letting and management of residential properties varying from apartments to houses. With a Letting Agents assigned to each property, we deal with the initial listing of a property, screening of applications, collection of rent and day-to-day management, acting as a professional liaison between landlords and tenants.Call our office today we are...

BD to create 130 Limerick jobs in €70m investment

Global medical technology company BD is to create more than 130 new jobs and invest €70m over five years in its Centre of Excellence in Limerick.The company last week announced it was creating 100 jobs at its operations in Drogheda after a €62m investment in new equipment to expand its production of syringes at its Donore Road site.BD said the 130 new research and development positions in Limerick...

Why Choose Michael Roberts Estate Agents

Customer Service - We pride ourselves on achieving the best possible price, in the shortest possible time whilst providing unparalleled first class services without compromise. We blend cutting edge e-marketing with traditional ethical values and combined with strong negotiating skills and a healthy competitive work ethos which gives us an edge over our competitors. With over ten years experience in the...

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