Edmond de Rothschild Real Estate Investment Management (EdR REIM) significantly exceeded the EUR 300m capital raising target for the first vintage of its pan-European real estate debt platform.
In total more than EUR 350m were raised across its pooled fund Edmond de Rothschild pan-European High Yield I and a fund dedicated to one German institutional investor by the end of 2022. Furthermore, the EdR REIM Real Estate Debt team has just signed its first loan investment in the UK by providing a GBP 35m whole loan financing through both fund vehicles to refinance and redevelop a logistic asset in London.
In December 2022, EdR REIM completed the final equity close in its pan-European High Yield Real Estate Debt Fund I, taking the equity commitment to above EUR 170 million. The EdR REIM Real Estate Debt team is acting as investment advisor for a EUR 180 million separate fund dedicated to one German institutional investor taking the total capital raised for its European real estate debt strategies to more than EUR 350 million since inception. Launched in a challenging market environment in 2020, the Real Estate Debt platform of EdR REIM exceeded its initial EUR 300m capital raising target.
You can now read the full press release at the link below