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Alternative lenders
The Swiss Life-owned firm’s second UK residential lending fund is pursuing a niche strategy of small, high-yielding loans in London’s suburbs amid a cooling high-end market in the capital.
The figures that shaped the property finance industry last month.
The latest figures compiled by our data team show there are 30 Europe-focused debt funds with known targets above €100m currently fundraising.
With almost $8bn raised worldwide for private real estate debt strategies in Q1 2018, investor interest shows no signs of waning.
The asset manager is aiming to deploy £200m of capital through a UK-focused debt fund.
Seaforth Land secures the five-year loan with a 55% LTV ratio for the landmark CAA House building in Covent Garden.
The real estate investment manager will provide whole loans through its second vehicle focused on the country amid ‘strong interest’ in the market despite Brexit uncertainty.
Liquidity in European real estate debt and equity markets shows no sign of drying up, argued panellists at CREFC Europe’s London conference.
The report formerly known as De Montfort highlights several trends that are shaping the market, including growth in development lending and the increasing role of non-bank lenders.
The strategy will focus on floating-rate loans provided across the eurozone.