Silvia Saccardi

The manager has provided a whole loan to support the acquisition and redevelopment of a Dutch office complex.

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Societe Generale financed TwentyTwo Real Estate and Azora’s €160m portfolio acquisition.

Martin Pommier, a partner at the Madrid-based manager, says Incus saw this increase in interest as it moved towards the first close of its latest real estate private credit fund.

The Canadian manager has its sights set on a Continental European loan following its inaugural debt deal, in UK logistics.

The facility replaces a previous £450m RCF and features ESG-linked KPIs.

The two firms have an existing relationship spanning more than a decade.

The loan is secured against one of the e-commerce firm’s largest UK distribution centres.

The Dutch manager has backed the delivery of German logistics properties for Invesco and Propel.

The 16-storey Park Tower Hotel is undergoing a transformation project.