‘Can-do’ Cullaun making development happen

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

The Watergrasshill housing development in Co Cork
A row of eight terraced houses in Foxrock, south Co Dublin

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 ...