TORC CONSORTIUM SELECTED AS PREFERRED BIDDER FOR SECOND STAGE OF €300M SOCIAL HOUSING PPP PROGRAMME


The Torc Housing Partnership has been selected as preferred tenderer for the second phase of the government’s current PPP programme to deliver 465 new social housing units in Cork, Kildare, Clare, Galway, Waterford and Roscommon. This project is the second bundle of the Government’s PPP programme to invest €300million in social housing. The Torc Housing Partnership consortium is led by Equitix Ltd, who together with Kajima Partnerships Ltd are the lead developers and long term majority investors in the project.

Craig Smailes, Project Director for Kajima Partnerships Ltd, said, “We are delighted to have been selected as the preferred bidder for the second bundle of Ireland’s Social Housing PPP programme. Kajima’s extensive experience and that of our partners ensures that the consortium is very well placed to deliver on this significant project.

It is a landmark for social housing in Ireland, and we hope to play a greater role in the very promising development of the Irish PPP market.”

Denise Maguire        
Editor  of  Irish Construction Industry Magazine

Email: denise@mcdmedia.ie