The developments come as the healthcare property investor expands its footprint in Ireland, where it owns 28 assets valued at £341m (€391m), including the three projects under construction. Alan O’Connell, the managing director of Axis PHP, said the company expects to deliver multiple projects in Ireland in the near term. The Castlebar development includes a major extension to an existing facility, aimed at expanding capacity and delivering additional community-based healthcare services. The company is also progressing additional development opportunities in the market, with a pipeline of forward-funded Irish projects valued at around €60m. Irish assets delivered strong rental growth during the year, with rent review uplifts of 20.9pc, driven by inflation-linked leases.

Source: Irish Independent March 18, 2026 12:46 UTC