Précis Capital Partners, QuadReal announce €1.1b partnership

Canadian QuadReal Property Group has acquired an interest in Précis Capital Partners, the real estate development lending platform, and will commit as much as £1 billion (€1.1 billion/$1.2 billion) to deploy into its development loans.

TowerBrook, Précis Capital’s founding institutional shareholder, retains a significant shareholding. Précis Capital is concurrently rebranding as Precede Capital Partners.

Since its launch in March 2021, Precede Capital (then Précis Capital) has originated and arranged loans totaling £1.5 billion (€1.7 billion/$1.8 billion) to finance the construction of residential properties in the United Kingdom. This new partnership with QuadReal will further enhance the opportunity to provide whole loan financing solutions. With the new investment, Precede Capital expects to arrange an additional £3 billion-plus (€3.4 billion/$3.6 billion) of loans through capital structuring via syndication and leverage.

“We are delighted to