Sunday March 29, 2020

‘Can-do’ Cullaun making development happen

Cullaun Capital positions itself as a multi-asset class lender willing to consider a range of projects

20th October, 2019
The Watergrasshill housing development in Co Cork

A relatively new provider of development finance, Cullaun Capital, expects to have agreed terms to provide €140 million in lending facilities for 17 developments, mainly housing and healthcare projects, by the end of next month.

Chief executive Stephen Bell told The Sunday Business Post that the new developments include two nursing homes being developed by Richard Barrett’s Bartra Capital. One of these is a 221-bed facility close to Beaumont Hospital in north Dublin, and the other...

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