The manager said the open-ended Invesco Commercial Mortgage Income - Europe FCP RAIF (MI Europe) fund, which is primarily backed by insurance capital, has already completed its first deal.

CMI Europe has provided a senior loan facility to finance a pipeline of six French and three Spanish logistics facilities.

Andrew Gordon, managing director in charge of fund management at Invesco Real Estate, said the fund aims to invest in opportunities offering the best possible risk-adjusted returns available to a pan-European real estate debt vehicle.

You can read the full press release now at the link below