Fiera launches new open-ended real estate debt fund in Europe

Fiera Real Estate U.K. has brought an open-ended pan-European real estate debt fund to market.

The vehicle will invest into senior-secured, investment-grade real estate debt loans across multiple sectors, including residential, logistics, grade-A offices, leisure assets and hotels. The focus will initially be on the U.K. market before it expands to select European jurisdictions. Classified as an Article 8 fund under the E.U., the fund will promote environmental and social characteristics through its approach to lending.

The fund already has secured £100 million ($125 million) in seed commitments, adding to £200 million ($250 million) of commitments targeting higher-yield U.K. opportunities across the debt platform.

“Private credit is an important addition to an institutional portfolio, and the launch of our fund is a natural next step in the development of our product offering,” said Charles Allen, head of European real estate at Fiera. “With a team of r