Shortlist for Irish Housing PPP

Ireland’s National Development Finance Agency has shortlisted three teams for the first social housing bundle PPP.

The three teams are: 

  • Bam PPP PGGM Cooperatie – comprising Bam PPP PGGM with Bam Building, Bam FM Ireland and Circle Voluntary Housing Association
  • Comhar – a consortium of Macquarie, with Sisk, Choice Housing and Oaklee Housing
  • Torc Housing Partnership – a consortium of Kajima, Equitix, JJ Rhatigan, OHL, ISS Facility  and Tuath Housing Association

The other teams that submitted qualifications last month were was Inspired Spaces, led by Carillion, and Arc, led by Aberdeen.

A contract notice was issued in May for a private partner to design, build, finance, operate and maintain for 25 years post-construction, six social housing sites in the counties of Louth, Dublin, Kildare and Wicklow.

Dublin City Council is the sponsoring agency and the Department for Housing, Planning, Community & Local Government is the sanctioning authority.

Meanwhile, the European Investment Bank (EIB) said today that it expects to provided  €110m to support consolidation of the Dublin Institute of Technology campus at Grangegorman in the coming months and is currently examining additional financing for investment at other third level institutions in Ireland. 

National University of Ireland, Galway has received a €60m loan towards campus development from the EIB.

The fifth annual Financing Irish Infrastructure conference will return to Dublin on 11 December. For more information, click here.