French institutional investors push SCOR Real Estate Loans IV to final close

SCOR Investment Partners has completed a final closing of the SCOR Real Estate Loans IV fund, the fourth generation of the asset manager’s senior real estate loan funds, with €629 million ($736 million) in capital commitments. The capital came from French institutional investors.

The firm has now raised more than €1.9 billion ($2.2 billion) of assets since the launch of its real estate debt activity in 2013, including senior and junior debt strategies.

Like its predecessors, the fund’s investment strategy will focus on value-add transactions, with an emphasis on projects that aspire to the highest energy, environmental and well-being standards for their occupants.

“We are proud of this new commercial success, which confirms our position as a key player in real estate debt,” said François de Varenne, CEO of SCOR Investment Partners. “By financing the buildings of tomorrow, which use less energy as well as being more environmentally friendly and ada