Standard Chartered leads EUR550 million financing for M&G and Marlet’s Dublin build-to-rent portfolio

London, UK – 10 August 2026. Standard Chartered has led a EUR550 million senior term loan facility for a high-quality build-to-rent (BTR) portfolio in Dublin, Ireland, owned by a client fund of M&G Real Estate and developed and now operated by Marlet Property Group. The transaction supports a portfolio comprising six private rented sector (PRS) developments across the city, encompassing 1,812 residential units and 12 commercial spaces.

Standard Chartered was the Sole Underwriter and Mandated Lead Arranger for the senior facility.

Alongside the senior financing provided by Standard Chartered, Affinius Capital and Macquarie Capital Principal Finance have provided a EUR182 million preferred equity commitment, creating a comprehensive capital solution for one of Ireland’s largest institutional living portfolios.

The transaction further strengthens Standard Chartered’s longstanding relationship with M&G and reflects the Bank’s commitment to delivering tailored financing solutions for clients across the real estate sector.

The portfolio comprises high-quality residential assets located across Dublin, including developments in St Clare’s, Harold’s Cross, Claremont, Grand Canal Harbour and Dundrum.

The facility has been structured as a Green Loan. All the residential units have Building Energy Ratings (BER) of A3 or better, reflecting the portfolio’s strong sustainability credentials.

Alex Greaves, Global Head of Living at M&G, said: “Having created a best-in-class portfolio which is stable, income producing and comprises some of the highest-quality multifamily assets in Ireland, this transaction positions the portfolio for its next phase through the creation of a new long-term capital structure. The calibre of partners secured reflect sustained institutional confidence in both the quality of the portfolio and the strength of the Irish multifamily sector, of which it represents a significant proportion.”

Pat Crean, CEO of Marlet said: “This transaction marks another significant step in our long-term commitment to delivering high-quality, sustainable rental accommodation for Dublin. We’re proud of what this portfolio represents today, and we’re excited about the pipeline of opportunities ahead as we continue to grow and sustain our build-to-rent platform in partnership with M&G. We are delighted to complete another transaction supported by Standard Chartered alongside M&G.”

Shane Moore, Head of Commercial Real Estate, EMEA, Standard Chartered said: “We are delighted to have supported M&G Real Estate and Marlet Property Group on this landmark transaction. The financing demonstrates our ability to originate, underwrite and distribute large-scale financing solutions for clients, drawing on our structuring expertise, balance sheet strength and syndication capabilities. It also reflects the strength of our longstanding relationship with M&G and our continued commitment to supporting high-quality real estate assets across Europe.”

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For further information please contact:

Julien Moity
Communications Director, Europe
Standard Chartered
julien.moity@sc.com

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