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GC Asia
NREP gets loan amid real estate debt splurge
NREP, the largest real estate investment manager in the Nordics, has signed a €300m subscription credit line, as Europe’s property companies extend their debt binge since the start of the year.
RBS arranged the loan for NREP’s Income+ Fund, an open-ended fund that launched last September. The fund focuses on houses, logistics and care homes.
Subscription facilities are finding growing popularity in some corners of Europe’s loan market. Last summer, Swedish private equity company EQT signed such a deal linked ...Already a subscriber? Login
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