Insights > Deals

Duffy and Avenue form €65 million Irish housing and PBSA venture

6 October 2026 | JV | Ireland | TBC | Development

The venture will help fund more than 800 homes and student accommodation across Galway and Cork.

Key details

Asset type

Development

Location

Galway and Cork, Ireland

Capacity

TBC

Party 1

Duffy Property Group

Party 2

Avenue Capital Group

Adviser 1

Doherty Solicitors

Adviser 2

Arthur Cox

Adviser 3

Forvis Mazars

Value

€65 million

Provided through Avenue’s Homebuilder Capital Solutions Fund, the capital powers a joint venture between Duffy Property Group and Avenue Capital Group covering both residential housing and purpose‑built student accommodation across Galway and Cork. While this specific partnership supports over 800 units, Duffy maintains a significantly larger development pipeline of approximately 1,500 homes.

The transaction was facilitated by a team of advisors, with Doherty Solicitors acting for Duffy, Arthur Cox representing Avenue, and Forvis Mazars delivering corporate and tax advisory services

Strategic context

The partnership gives Duffy institutional capital to advance its Irish development pipeline.

For Avenue, it extends its homebuilder‑financing strategy into projects that also address student accommodation demand.

Read Press Release

SUBSCRIBE TO STUDENT HOUSING INSIDER

Stay close to the student housing market

Subscribe to Student Housing Insider for a weekly update on student housing transactions, development pipeline, market trends and selected BONARD analysis.

Designed for investors, developers, operators, lenders and market participants tracking the student housing sector.