AIB

AIB and Activate Capital team up to launch €500m Development Fund

Exciting news for the Irish property market as AIB and Activate Capital join forces to create an impressive €500m fund for apartment development in major cities.

In a significant move for the Irish property market, AIB has partnered with Activate Capital to introduce a groundbreaking €500m development fund. The fund, named Irish Apartment Delivery Fund, is set to revolutionize the housing sector and will be overseen by Activate Capital, focusing on key cities like Dublin, Cork, Galway, and Limerick. This collaboration aims to address the increasing demand for quality apartments in urban areas, providing a strategic solution to the current housing crisis.

Activate Capital's expertise in property finance, combined with AIB's strong financial backing, is expected to drive substantial growth and innovation in the residential development sector. The fund's focus on the major urban centers promises to enhance the city landscapes and cater to the evolving needs of residents seeking modern and sustainable living spaces.

With Dublin, Cork, Galway, and Limerick at the forefront of this initiative, the Irish Apartment Delivery Fund is poised to reshape the property landscape in these cities, offering a blend of upscale amenities and high-quality housing options. This partnership showcases a forward-looking approach to urban development, prioritizing sustainability and community well-being in the construction of new apartment complexes.

As the fund unfolds, it is anticipated to bring about a new era of construction projects that prioritize environmental standards and cutting-edge design concepts. The collaboration between AIB and Activate Capital sets a new benchmark for real estate investment in Ireland, signaling a positive shift towards more sustainable and innovative housing solutions.