Maslow Capital provided a €37 million development facility to Hollybrook, a family-owned developer-contractor, to deliver a 112-unit build-to-sell scheme in Portlaoise, Ireland.
Consisting of a mix of two-, three- and four-bedroom homes, each designed to meet the needs of a growing local population seeking high-quality housing, the project is located just 1.5 miles from Portlaoise railway station and offers residents rapid national connectivity—making it ideally positioned for commuters.
Portlaoise continues to see strong residential growth and ranks among Ireland’s fastest-growing regional towns. Despite increased delivery in recent years, Ireland’s housing market remains fundamentally undersupplied, particularly in commuter towns such as Portlaoise where demand from owner-occupiers continues to outpace new supply.
Emma Burke, MD, Development Finance (UK & Europe) at Maslow Capital commented:
“This €37 million facility underscores Maslow Capital’s long-term commitment to tackling Ireland’s housing shortage. Hollybrook’s exemplary delivery record and meticulous build quality make them precisely the calibre of sponsor we are proud to support. By leveraging our pan-European platform – where local, on-the-ground teams draw on a longstanding track record across multiple markets – we channel capital and expertise to developers at the forefront of housing delivery, accelerating the provision of new homes and creating jobs in Portlaoise and beyond.”
Frank Daly, Senior Director, Origination at Maslow Capital, commented:
“We are delighted to back an experienced sponsor, structuring a facility tailored to Hollybrook’s delivery programme, procurement strategy and anticipated sales pace. Portlaoise’s growing population, together with Hollybrook’s hands-on delivery style and trusted subcontractor network, underpins the project. Together, we look forward to seeing the team deliver new homes on time and within budget while supporting local SMEs across the construction supply chain.”
David Cox, Managing Director at Hollybrook, added:
“Maslow Capital has been an outstanding funding partner throughout this process. Their ability to quickly understand the specifics of the project, combined with their pragmatic structuring approach, ensured we secured a facility aligned to our programme. With their support, we are well positioned to deliver much-needed homes to the local market.”
