Overview
Aiming to offer income-focused returns from a protected position in the capital structure.
Key features
- Seeks exposure to commercial real estate debt through senior loans, whole loans and selected mezzanine loans secured on institutional-quality properties that are stabilised or require some physical structural or operational improvements
- Underwriting focused on robust property fundamentals and sponsor business plans
- Targets primarily logistics, multi-family, private rented sector and build-to-rent. Selectively office, retail, student housing, light industrial and other alternatives
- Focus on U.K. and continental Europe with primary investment countries being Spain, Germany, The Netherlands and Ireland, with the ability to invest opportunistically in countries including Italy, France and Portugal
- Promotes ESG characteristics through the operation of a proprietary ESG scorecard and provision of Green loans
Since the GFC the European CRED market has changed significantly. The retrenchment of traditional bank lenders, the impact of the pandemic and geopolitical and economic events have created a significant opportunity for non bank lenders to enter the market and grow its share.
Our team’s experience, global track record and extensive origination network ensures our ability to source and manage the very best opportunities for our clients.