Construction News

21/04/2021

Clúid Housing Launches €18.8m Scheme In Dublin

Clúid Housing has launched a new scheme of 40 homes at Blackbanks View, in Raheny, Dublin.

The €18.8m scheme is being delivered in partnership with LGIM Real Assets (Legal & General) and forms part of a larger €54m long-term financing agreement. The announcement sees Clúid welcome over 100 residents to their new homes.

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The launch is the first of around 200 new social homes delivered as part of the new financing agreement and is Legal & General's first investment in the Irish social housing sector. Clúid’s acquisition of Blackbanks View also marks the arrival of long-term pension fund capital to the AHB sector.

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