Oaktree Capital Management seeks partner for 3,800-home project in Dublin

About 3,800 homes will be constructed on the city’s Glass Bottle site, together with the equivalent of a skyscraper of office and life science space

A Government housing commission estimated  there was a deficit of at least 212,500 residential properties two years ago.

An Oaktree Capital Management venture plans to seek an equity partner to help develop a Dublin project that is expected to be valued at billions of euro when completed, according to people with knowledge of the matter.

No formal process has been launched at this stage but there has been interest from investors, sources said, asking not to be identified as the process is private.