Milan – Generali Real Estate S.p.A. Società di gestione del risparmio is launching its second fund focused on commercial real estate (CRE) debt, denominated ‘Generali Real Estate Debt Investment Fund II’ (GREDIF II), reserved for professional investors.
In the current growing interest rates environment, commercial real estate debt offers investors a defensive exposure to real estate, fairly stable returns despite market volatility (especially for well-diversified portfolios with a multi-sector and multi-country approach, with a disciplined investment strategy), as well as hedging opportunity for interest rates hike. For these reasons, paired with the shift in the debt market which sees banks covering a smaller market share compared to the past, and consequently more opportunities for private alternative lenders, the CRE debt market in Europe is witnessing significant growth: in 2021, real estate debt has represented 50% share of the real estate European market, corresponding to about € 180 bn.
Read the full press release at the link below