Protected positions with Real Estate collaterals
Senior and Mezzanine asset-backed positions
Our investments strategy centers around senior and mezzanine positions with real estate collaterals.
Mezzanine positions fall between sponsor's equity and senior debt in the waterfall of payments, while senior positions take the highest priority of payments, replacing (or complementing) bank financing.
Off-market Private Real Estate deals in selected European geographies
Our investment focus lies in Switzerland, Italy, Spain and Portugal, geographies where we have a solid local presence and strong ties with real estate developers, equity investors and institutional asset managers.
Real Estate projects at different stages, across all asset classes
Our pipeline of selected off-market deals includes new constructions, refurbishment projects and income generating properties, with a particular focus on high-end, luxury developments, which can prove resilient in turbulent times.
We consider Real Estate projects at different stages (Core+, Value Add and Opportunistic), across all asset classes, spanning from Residential to Hospitality, also including Logistics, Commercial, Office and Retail.
case study I
Senior loan to finance the development of a luxury hospitality asset in Priorat, Spain
Senior loan to finance the development of luxury 5* Hotel in the renowned region of Priorat, one of Spain’s best wine regions.
Top-tier Equity Sponsor, world specialist in the development and management of luxury hotels worldwide and particularly in Spain.
An institutional collateral package for YELDO investors, including a first-lien mortgage on the asset.
Mas d'en Bruno - Luxury Hospitality Development in Priorat
Rovello 14 - Mezzanine loan on luxury residential development in Milan
Varedo, ex SNIA - Requalification and use conversion of industrial Lot
Secured Mezzanine Loan
Louis-Casaï - Hospitality Asset in Meyrin Genève
EUR 850m +
Total transacted value