Overview
Aims to deliver to investors an attractive risk-adjusted and stable income return and take advantage of the structural opportunity for non-bank lenders in the European commercial real estate debt market.
Key features
- Seeks exposure to commercial real estate debt through whole loans and a selected syndication of senior and junior/mezzanine loans
- Targets primarily logistics, multi-family, private rented sector and build-to-rent. Selectively office, retail, student housing, light industrial and other alternatives
- Focus on European market with primary investment countries being Spain, Germany, The Netherlands and Ireland, with the ability to invest opportunistically in countries including Italy, France and Portugal
Since the global financial crisis, the European real estate debt market has changed significantly. The retrenchment of traditional bank lenders, the impact of the coronavirus pandemic and geo-political and economic events have created a significant opportunity for non-bank lenders to enter the European real estate debt market and grow its market share.
