Gavin Cullen a Managing Director on Deloitte’s Real Estate Finance Team outlines that “Deloitte is proud to have supported HQ Developments Limited – a joint venture between Clarendon properties and BAM Ireland – in securing development financing for the next phase of this significant mixed-use project in Cork. The Horgan’s Quay residential development will facilitate the provision of 302 new homes in collaboration with the Land Development Agency. We are proud to contribute to this transformative initiative that addresses the housing needs of the Cork community.
"This transaction represents the best of Deloitte Real Estate Finance – in terms of our ability to build and preserve long-term relationships with key clients, noting our involvement with the Horgan’s Quay project has been over a seven year period – to leveraging our relationships in the international funding markets to achieve the best results for our clients.
"This development not only delivers much-needed housing to the local area – a contribution that cannot be overstated – but also shines a spotlight on regeneration projects beyond the capital, highlighting the importance of balanced regional development."