Irish Residential Properties REIT (I-RES REIT) has financed its €83 million purchase of a multi-family apartment scheme in suburban Dublin with a newly-agreed €250 million debt facility provided by Barclays and Royal Bank of Scotland’s Ulster Bank arm, reported PDI sister title REC.
I-RES REIT completed the purchase of 442 apartments and 197,460 square feet of commercial space at the Tallaght Cross West development, which was built by Irish developer Liam Carroll.
