Dáil Éireann Debate, Wednesday - 20 May 2026
72. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance to list all student accommodation projects that have been funded wholly or in part by ISIF or any fund supported by ISIF; and if he will make a statement on the matter. [38110/26]
Amharc ar fhreagraThe National Treasury Management Agency (NTMA) has informed me that the Ireland Strategic Investment Fund (ISIF) has made the following commitments specifically targeting the delivery of Purpose Built Student Accommodation (PBSA). The projects listed below are completed, there are other projects under way.
|
Name |
Year |
Amount €m |
Description |
|
Campus Residences Limited |
2015 |
54 |
Cornerstone investor supporting the commercial funding of DCU's Campus Development Program. |
|
Harrison Street European Property Partners III, SLP RAIF |
2021 |
25 |
Real estate equity fund targeting student accommodation, life sciences and speciality residential |
|
Harrison Street European Property Partners IV, SLP RAIF |
2023 |
25 |
Commitment to a pan-European opportunistic fund targeting investment in purpose built student accommodation, private rental and life sciences real estate (follow-on). |
|
HSRE SMA II, SLP |
2023 |
50 |
Commitment to fund targeting Irish purpose-built student accommodation developments, primarily in new developments in regional Ireland. |
In addition to these investments, ISIF backed development funders such as Activate Capital and Cardinal Capital have also supported the construction of some new PBSA schemes through their development lending activities.
