LOANLAND launches second real estate private debt fund
LOANLAND launches second real estate private debt fund as individual mandate for German institutional investor
- LOANLAND Real Estate Tactical Credit Fund I S.C.A. SICAV-RAIF will invest a three-digit million euro amount in whole loans and mezzanine financings
- The Reserved Alternative Investment Fund (RAIF) is structured as an ESG Strategy Fund under Article 8 of the Disclosure Regulation
- The fund is ready to lend and will soon complete its first investments
Frankfurt, 9th May 2023 – LOANLAND, an investment manager for real estate private debt, has successfully placed its second fund, continuing its growth trajectory. The “LOANLAND Real Estate Tactical Credit Fund I S.C.A. SICAV-RAIF (LLRETCF I)”, is an individual mandate under an evergreen structure and will invest a three-digit million euro amount on behalf of a German insurance company.
The investment strategy involves whole loans and mezzanine financings for existing properties and developments. However, the fund’s specific focus allows adaptions to upcoming market situations and emerging opportunities. In addition to residential, office and logistics properties, the fund will also invest in mixed-use, micro-living and retail assets. The fund targets loans in the range of EUR 10 to 35 million.
“The current market environment for real estate financing is characterized by risk aversion and restraint”, explains Dr Daniel Schmidt, Managing Director of LOANLAND. “This is a lenders market right now with financing opportunities repeatedly arising and offering very attractive risk-return profiles. These are ideal conditions for a counter-cyclical lending approach. We are therefore very pleased with the trust of our new investor. For us, this significant commitment confirms that we are offering the right product at the right time.”