Capita to add another 200 jobs

Professional services giant Capita Asset Services is planning to increase its Irish-based workforce by 200 people inside the next two years on the back of a growing project portfolio and general growth in the economy.

The company yesterday announced its appointment to service the new €500m residential development finance business, Activate Capital.

Backed by private equity house KKR and the Ireland Strategic Investment Fund, Activate is aimed at stimulating housebuilding in Ireland by providing builders with as much as 90% debt financing for residential projects.