Värde Partners has announced the successful raise of a fully subscribed fund to extend its investment in Vía Célere, a Spanish residential developer.
The transaction, which includes approximately €450 million ($527 million) in capital commitments and values Vía Célere at nearly €1 billion ($1.2 billion), provides liquidity for Värde’s existing clients while also ensuring Vía Célere remains well capitalized and able to build on its market-leading position in Spain.
CBRE Investment Management (CBRE IM), on behalf of its Indirect Private Real Estate Division, is anchoring the fund with a previously announced €300 million ($351 million) commitment. Cross Ocean Partners is also contributing approximately €140 million ($164 million), further demonstrating institutional support for Vía Célere’s business model and the compelling opportunity in Spain’s resi
