Banks remain a major part of Europe’s refinancing picture, but insurers are also becoming more active.
The chief executive of the Swedish private equity firm’s real estate platform expects 20% of Value Fund VI to be invested in distressed debt.
The London-based firm has acquired two separate portfolios amounting to £177m via its partnership with Argo Real Estate.
The investor has already committed to two overseas real estate funds with credit strategies in the past three months.
Some property owners are eschewing this higher-cost form of real estate financing, which they believe is only viable in limited cases.
Many institutions have retreated from direct lending in favor of the investment risk diversification offered by credit vehicles.
Warning signs are appearing, but the net lease sector remains stable.
PERE investigates whether net leases are becoming more attractive and whether they will remain appealing if inflation tapers back down.
Appetite for residential investment has fueled some of the biggest risers in the PERE 200.
The PERE 100 has long been dominated by Blackstone and Brookfield. But their superior fundraising masks the relevance of others.