Meyer Bergman and BCP Asset Management have obtained a €100m plus loan to finance a speculative development in Dublin city centre.
The site, which is located next to Trinity College, will be redeveloped to create a 100,000 sq ft of state of the art office space, with 70,000 sq ft of retail units on the lower floors.
The development has not been prelet. Meyer Bergman and BCP acquired the site in 2017 for €110m, from Aviva Investors.