Real estate investment manager LaSalle Investment Management is aiming to raise €1 billion of capital for a fourth mezzanine lending vehicle in its European property debt fund programme.
Azora and Oquendo Capital have joined forces to launch a €300m fund to offer alternative real estate financing in Spain and Portugal.
Azora, a €4.5bn Spanish real estate manager has created the partnership with alternative direct lender Oquendo to promote closed-end investment vehicles to finance projects or companies linked to the real estate segments.
The duo said this strategy will be carried out through the launch of a first fund with an expected size of €300m, as well as though separate accounts.
IPE Real Assets – 06 November 2018