Social housing body Tuath gets €120m to deliver 2,000 homes

Social housing body Tuath gets €120m to deliver 2,000 homes

Tuath has just agreed a financing deal with AIB Corporate Banking and German lender Norddeutsche Landesbank Girozentrale, which will provide the group with a new €120 million package

Housing group Tuath has sealed a €120 million financing deal, which will accelerate its plans to deliver 2,000 new social homes by the end of 2022.

The not-for-profit approved housing body has 5,000 social homes under its management and plans to add a further 2,000 to its portfolio within the next three years. More than three-quarters of these would be acquired through debt finance.

Tuath has just agreed a financing deal with AIB Corporate Banking and German lender Norddeutsche Landesbank...

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