Octopus Real Estate has expanded its commercial lending business into the Republic of Ireland.

The specialist real estate lender and investor said it has launched the product which will be available for all types of commercial property transactions, including acquisitions, refinances, and equity release.

Octopus Real Estate said the expansion into the Irish market marks the firm’s first step in its plan to grow its presence across Europe.

James Nunn, at Octopus Real Estate, who is leading the launch into Ireland said: “Octopus Real Estate is a leading short-term lender in the UK market, having completed £2bn of commercial loans over the last ten years.

“We are known for our speed of execution, transparency and flexibility, and we want to introduce our service to a vibrant and growing new marketplace.”

Benjamin Davis, CEO of Octopus Real Estate, said: “Ireland is an important market for us, and our product launch offers Irish clients a trusted finance solution, backed by over 15 years’ experience in non-bank lending.

The Irish commercial property market is thriving, and the launch of our commercial lending product will enable the funding of developments of scale across the commercial spectrum.”

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