September 21, 2020
Business News Property

Plans for new 100-bed nursing home in Wicklow village

Plans for a new 90 to 100-bed nursing home in county Wicklow are at an advanced stage.

The project for the new nursing home development in Carnew village is being backed by the property finance lender Cullaun Capital.

The Sunday Times reported Cullaun Capital is providing a multimillion-euro loan for the nursing home project, which it said will be delivered by “a UK-based, high-net-worth individual along with an Irish partner”.

Since it launched in 2018, Cullaun Capital has lent up to €135m for projects that will collectively deliver 1,500 to 2,000 housing units and 500 nursing home beds.

 

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *