Dáil Éireann Debate, Wednesday - 20 May 2026
70. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance the total number of housing units or student beds that are constructed and in use that are wholly or partially owned by Activate Capital or any fund related to a joint venture (details supplied); and if he will make a statement on the matter. [38108/26]
View answerThe National Treasury Management Agency (NTMA) has informed me that Activate Capital was established in 2015 with the support of the Ireland Strategic Investment Fund (ISIF) and KKR.
Activate provides flexible financing solutions to experienced developers, enabling large-scale housing delivery across Ireland’s most active residential developments. Activate reports that its funding has unlocked sites with the capacity to deliver over 26,000 new homes since inception.
ISIF’s investments with Activate help to fund the construction of new homes for owner-occupiers, renters, students, or those in need of social housing. These Activate entities only fund the construction and do not retain long-term ownership of the housing units.
