Aros Kapital, a Nordic challenger bank, has partnered with Irish specialist construction lender Property Bridges to fund up to €100 million of credit to Irish developers of new homes. The bank and the Irish lender are offering loans of over €1 million and up to €12 million to build social and other residential housing. The Sweden headquartered firm has already lent over €350 million to builders and developers in the British market using similar partnership models. Property Bridges was founded in 2018 as a peer-to-peer lending platform for smaller developers seeking between €500,000 and €1.5 million and the company will…
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