Ingka Investments to invest €100m in Social Housing Projects in Dublin
Ingka Investments has committed €100m of financing as part of a unique initiative for the construction of social housing units across the greater Dublin region. The investment is expected to result in the construction of approximately 150 units over a three-year period.Ingka Investments, the investment arm of Ingka Group which represents the largest IKEA retailer, will finance the construction of the 150 social housing units, which will then be effectively leased to the local authority on a long-term basis. This approach to investing in the projects is unique for Ireland in that the lease
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