Octopus Investments is seeking to raise 拢750m (鈧908.2m) for a UK real estate debt fund.
The investment manager said Octopus Real Estate Debt Fund IV will fund senior-secured acquisition, development and stabilisation loans across all the key living sectors and will also have an allocation to offices, industrial and retail sectors.
Ludo Mackenzie, co-head of real estate debt at Octopus, said: 鈥淲e are committed to helping developers and investors unlock real estate value. With our focus on refurbishment, repositioning and redevelopment, we can transform underused or neglected spaces into vibrant and thriving places, creating jobs, boosting local economies, and providing much-needed homes.
鈥淭his is productive finance at its core; lending against depreciated properties and brownfield land, enhancing the built environment and generating good risk-adjusted returns.鈥
Andy Scott, co-head of real estate debt at Octopus, said: 鈥淥ur Debt team offers bespoke lending solutions for our developer clients, tailored to the specific needs of each scheme. As a non-bank lender, we can be flexible and efficient in our approach, providing reliable funding throughout the UK.鈥
Ed Clough, managing director of Octopus Real Estate, said: 鈥淏uilding on the strong track record of our previous debt funds, the Octopus Real Estate Debt Fund is focused on delivering value for all partners. For investors, that means providing access to the real estate sector through the buffer of senior secured real estate loans.
For developers, we are addressing the funding gap by providing tailored, flexible bridge and development funding solutions for transitional real estate. And for communities, we are unlocking old and unproductive real estate assets to provide modern, energy-efficient places for people to live and work.鈥
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