- January 1, 2018: Vol. 12, Number 1

To read this full article you need to be subscribed to Institutional Real Estate Europe

Three firms hold final closes, raising €1.5b

by Andrea Waitrovich

Three firms announced final closes in November 2017, raising more than €1.5 billion in equity commitments. LaSalle Investment Management held a final close of its LaSalle Real Estate Debt Strategies III (LREDS III) fund with aggregate commitments of £804 million (€911 million), exceeding its £750 million (€850 million) target.

LREDS III will invest across western Europe, with a focus on the United Kingdom. Its strategy is to focus on lending against quality assets with best-in-class sponsors; the combination offers compelling risk-adjusted returns across mezzanine and whole loan investment opportunities.

The LREDS III closing, combined with the LaSalle Residential Finance third tranche of £260 million (€295 million) secured earlier in the year, brings the capital raised in 2017 for LaSalle’s debt investment platform to approximately £1.1 billion (€1.3 billion).

M7 Real Estate held the final closing of M7 European Real Estate Investment Part

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.