CAERUS Debt Investments AG has received new advisory instructions for the issue of real estate financing worth almost €400 mln. The credit funds advised by CAERUS have therefore entrusted more than €800 mln for investments in loans secured on real estate.
The credit fund advised by CAERUS, the CAERUS Real Estate Debt Lux. S. C. A., SICAV-SIF-Fund I has received a further €50 mln equity facility from another German insurance group.
The credit fund, which is set up under Luxembourg law, has a target volume of €300 mln. It concentrates on real estate financing and bridging loans with LTV (loan-to-value ratios) of up to 85%. The primary focus is on Germany, Austria and Switzerland, although financing in the Benelux countries is also considered. Subscriptions to the fund are subject to a minimum investment of €10 mln.