Altarea and Tikehau Capital have launched a €1 billion ($1.1 billion) real estate credit platform aimed at bridging an anticipated wide liquidity gap in the market. The sponsors already have committed €200 million ($214 million) to the strategy.
The platform will provide flexible capital solutions to real estate sponsors and corporates, with a primary focus on asset-backed and traditional corporate financings, notably through junior mezzanine or whole loan debt instruments. The fund’s strategy will span a range of property types, which will potentially include office, retail, industrial, residential, logistic and hospitality.
Altarea and Tikehau Capital have long-standing relationships and successful experience investing together or in similar strategies.
“We are excited to launch our real estate credit platform, as we see a number of upcoming potential attractive opportunities throughout Europe,” said Antoine Flamarion, co-founder of Tikehau Capital.
