The Luxembourg-based vehicle hopes to surpass the efforts of pan-European funds with a strong focus on German assets.
Asset management giant Amundi is aiming to deploy €800m through its first real estate debt strategy. Real Estate Capital headed to the firm’s Paris HQ to find out more.
The pair’s Senior European Loan Fund II is 80% invested, with full deployment targeted for September.
With the firm’s CRE Senior 10 fund 60% deployed, AXA is considering options for its successor vehicle, according to its head of funds group.
The combined division will look to tap into the growing demand for alternative strategies.
The Swiss Life-owned firm’s second UK residential lending fund is pursuing a niche strategy of small, high-yielding loans in London’s suburbs amid a cooling high-end market in the capital.
The asset manager is aiming to deploy £200m of capital through a UK-focused debt fund.
The real estate investment manager will provide whole loans through its second vehicle focused on the country amid ‘strong interest’ in the market despite Brexit uncertainty.
The strategy will focus on floating-rate loans provided across the eurozone.
The specialist lender will provide loans ranging between £500,000 and £1.5m to schemes that require heavy refurbishment or light development.