CAPITAL WATCH: Private real estate debt funds in the market

PERE Research and Analytics’ monitoring shows 64 real estate debt funds in the market this month, seeking to raise $26.3bn.

• Two Indian residential funds have been launched: Housing Development Finance Corp, India’s biggest mortgage lender, aims to raise $500m and is seeking a 21% return; and Milestone Capital Advisors is seeking 22-24% returns with its Capital Opportunities Fund 10.

• In Europe, Standard Life Investments is seeking £250m for its Commercial Real Estate Debt Fund. Aimed at institutional investors, it will provide senior UK commercial real estate debt and target 5-6% returns.

Click here to see February 2015 funds in market:  CAPITAL WATCH: Private real estate debt funds in the market