CBRE Investment Management has established an evergreen U.K. Senior Credit Fund.
The fund will make loans secured on high-quality, income-producing real estate located in the United Kingdom. Loans will be £7.5 million ($9.4 million) to £30 million ($38 million), for durations of two to seven years.
“We’re delighted to have this competitively priced product to offer to borrowers,” said Alexandra Lanni, CIO and co-head of EMEA Credit Strategies. “We see strong market appetite for efficient decision making and execution in this part of the market and look forward to fulfilling this market need with the U.K. Senior Credit Fund.”
