Aberdeen Investments has completed its first commercial real estate loan in Europe with the financing of a modern class A office property in Dublin. The €33 million ($37 million) loan marks the first European investment for the commercial real estate lending team at Aberdeen Investments, building on its long track record of financing high-quality commercial properties in the United Kingdom.
Aberdeen Investments’ Commercial Real Estate Lending Team has operated in the United Kingdom since 2013, deploying more than €3 billion ($3.4 billion) to date. This European investment is part of Aberdeen Investments’ planned expansion of the platform to support European borrowers.
The initial focus will be on the Irish and Dutch markets while also selectively considering opportunities across other Continental European jurisdictions.
“This initial investment demonstrates our ability to source, underwrite and execute high-quality loans in Europe as well as the United