Real Estate Investment Funds

​Dillon Eustace has one of the largest Financial Services legal practices in Ireland and a long-established Real Estate team. We serve clients in Ireland and internationally, advising on all types of real estate investments and real estate funds.

We address all the legal, regulatory and tax matters facing clients operating in the complex and highly regulated funds market. Our integrated service combines specialist expertise in real estate, banking and finance, funds and tax to deliver clear and comprehensive advice.

Our pioneering real estate investment funds team works at the forefront of many fund finance transactions in the Irish market, including equity and asset finance funding.

We bring industry knowledge, technical expertise and a commercial outlook to all our work. Our wide-ranging experience and expertise includes advising on: the establishment of real estate fund vehicles (e.g. QIAIFs, ICAVs); the provision of credit facilities; secured lending transactions; fund margin lending; equity line facilities; mezzanine finance; debt asset value facilities; private placements; and capital markets funding.

Our recent experience includes acting for and advising:

  • An ICAV borrower in the provision of facilities to it by Ulster Bank to fund the acquisition of an apartment block valued at approximately €72m.
  • A specialised commercial property fund on credit facilities provided to it by Ulster Bank in connection with the acquisition of a portfolio of commercial property in Ireland for more than €80m.
  • Allied Irish Banks plc on the provision of various facilities to its fund customers to finance the acquisition of commercial properties including shopping centres and commercial office blocks.
  • Numerous funds on the amendment and restatement of their facilities to comply with their funding banks’ regulatory capital requirements.
  • Platform ICAVs in the context of the financing of sub-funds of the ICAV.