What is the Fund?
The Northern Ireland Investment Fund (NIIF) provides debt funding for commercial property, regeneration and low carbon projects in Northern Ireland at highly competitive commercial rates. A total of £150m has been provided by the Northern Ireland Department of Finance. The Fund is now in its investment phase and is open for applications from viable projects that cannot source funding from traditional sources. The Fund is a private sector entity that is committed to investing in the transformation of the region for the long-term, supporting economic growth and the low carbon economy. The Fund will commit capital to opportunities which meet the NIIF regeneration targets covering; employment, regeneration, floor space and carbon savings outputs.
How much funding is available?
The Fund has £150m to invest, which is constantly being recycled. We welcome applications from £3m to £30m.
What form of funding is available?
The Fund provides debt for development projects, and is flexible in providing mezzanine, senior or whole loan solutions. The Fund does not provide grant funding.
Where is the fund able to invest?
Northern Ireland, and by exception cross-border projects in the Republic of Ireland.
What types of projects can the fund invest in?
Here are specific eligibility requirements, please contact us directly with your project details and we will assess it.
What interest rates are charged?
The Fund charges reasonable market-derived rates.
How do I apply for funding?
Please call or email the Fund Managers.
How quickly can terms be agreed?
We can issue high level terms within a week of being provided with requested information.
Are energy efficiency, energy generation and distribution projects eligible?
Yes – we have specific funding for these projects.
CBRE IISL is a regulated arm of CBRE