Amsterdam-based Redevco has closed a €57.3M loan to finance the development of a 156-unit residential scheme supporting the delivery of energy-efficient homes in Dublin.

The loan is structured as a green loan according to the Loan Market Association Green Loan Principles, and it will fund the development of a residential scheme in Mount Anville, Dublin 14, an established suburb approximately 3 miles south of Dublin city centre.

The scheme includes plans for a total of 156 units across several blocks including apartments, houses and duplexes, alongside affordable housing, on-site amenities and a crèche.

Bain Capital’s European real estate business is the owner and has appointed Regency as development manager. The Irish residential developer has a track record in large-scale housing schemes in Dublin.

The development will incorporate low-carbon energy systems such as heat pumps and solar photovoltaic, alongside energy-efficient building design and materials, with outdoor spaces, electric vehicle-charging infrastructure and communal areas.

The transaction reinforces Redevco’s strategy of supporting “compelling real estate opportunities, while also targeting strong sustainability performance, with high energy ratings and enhanced biodiversity,” the company said.

Redevco’s Real Estate Debt platform provides financing across asset classes and European markets. In April 2025, Redevco provided its first loan as part of a push into property lending, backing an office retrofit in the City of London.

It was a £48M facility for the acquisition and refurbishment of the 56K SF 10 Salisbury Square, structured as a green loan for the retrofit and extension of the existing property to deliver Grade A office space targeting an energy performance certificate A rating and BREEAM Outstanding.