Ardstone Launches Irish Affordable Housing Fund With €450m Commitment From CBRE GIP

European real estate investment manager Ardstone has launched a core, open-ended fund targeting the social and affordable residential sector in Dublin. The strategy is focused on financing and delivering secure, long-term returns in a socially responsible manner through the provision of high quality affordable housing to social, affordable and private tenants. The strategy will see Ardstone working closely with local authorities and actively participating in mixed tenure housing, which sees owner occupiers and renters living within newly delivered communities.