Octopus Real Estate has extended its commercial lending activities to the Republic of Ireland.
The specialist real estate lender and investor said it has launched the product which will be available for all types of commercial real estate transactions, including acquisitions, refinancings and the release of equity.
Octopus Real Estate said the expansion into the Irish market marks the first step for the company in its plan to increase its presence across Europe.
James Nunn, Octopus Real Estate, who is leading the Irish launch, said: âOctopus Real Estate is one of the leading short-term lenders in the UK market, having made Â£ 2 billion in commercial loans over the course of of the last ten years.
âWe are known for our speed of execution, transparency and flexibility, and we want to introduce our service to a new dynamic and growing market. “
Benjamin Davis, CEO of Octopus Real Estate, said: âIreland is an important market for us, and our product launch provides Irish clients with a reliable financing solution, backed by over 15 years of experience in non-bank loans.
The Irish commercial real estate market is thriving and the launch of our commercial lending product will allow the financing of large scale developments across the commercial spectrum. “
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