lackstone Real Estate Debt Strategies (BREDS) and Pluto Finance, a specialist development and bridge lender, has formed a strategic partnership to provide financing solutions to real estate owners and developers across the United Kingdom and continental Europe.
The partnership will focus on whole loan lending ranging between £25 million to £100 million ($33 million to $134 million) in size with an initial target deployment of £2 billion ($2.68 billion) during two years and will combine BREDS’ scale and deep real estate expertise with Pluto’s borrower network and existing origination and structuring capabilities in the mid-market lending space.
The strategy will focus on both development and investment loans and will primarily target opportunities in logistics and living sectors such as rental and for-sale housing, purpose-built student accommodation and co-living in the United Kingdom and across core markets in continental Europe.
This strategy is launche
