AllianceBernstein moves into European real estate direct lending

AllianceBernstein has launched a €1.2bn European real estate debt fund alongside Lacarne Capital, in the hope of exploiting a moment where the sector’s traditional sources of funding may be less forthcoming.
The European Commercial Real Estate Debt platform (ECRED) will look to invest in primary and secondary real estate deals in the UK and Europe, offering whole loans, subordinated loans and preferred equity, as well as other investments backed by real estate.
The fund, which has been initially supported ...Already a subscriber? Login
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