Park Developments to build new housing schemes after extending debt facility - News Summed Up

Park Developments to build new housing schemes after extending debt facility


Bank of Ireland said Park Developments had a 'strong track record of delivering high quality commercial property and housing'A number of additional housing schemes in the planning process are to be supported with funding from AIB and Bank of Ireland after the banks extended debt to home builder Park Developments. Park Developments is one of Ireland’s largest and longest‑established property development companies. [ Park Developments pays €15m for Balbriggan siteOpens in new window ]In addition, Park Developments said the money will go to build 79 houses at Estuary Ridge and Hurlers Field in Kinsale. The new debt facilities with AIB and Bank of Ireland will be classified as green loans. Bank of Ireland acted as agent for the transaction, while AIB was arranger and sustainability co-ordinator.


Source: The Irish Times March 06, 2026 21:09 UTC



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