Blackstone Real Estate Debt Strategies (BREDS) and Pluto Finance’s European mid-market lending partnership has completed its debut transaction, providing a €35 million loan to N&W Capital to acquire a residential asset in Ireland.
Pluto Finance said the partnership has provided the senior facility to support N&W Capital’s first residential investment in Ireland, Kilcarbery Square in Dublin, comprising 115 private-rented sector units.
The partnership was established in September last year to deploy £2 billion (€2.3 billion) over two years. It provides whole loans of between £25 million and £100 million to real estate owners and developers in the UK and continental Europe, primarily focusing on the logistics and living real estate sectors.
Source: realassets.ipe.com on 21 January 2026
https://realassets.ipe.com/news/blackstone-and-pluto-finances-2bn-partnership-deploys-debut-loan/10134707.article