QSix Real Estate Finance secures new segregated CRE lending mandate with ambitions to deploy over £300m in the next 12 months
QSix Real Estate Finance (QSix) today announces plans to deploy £300m of capital over the next 12 months into commercial real estate lending opportunities.
This follows the successful agreement of a new commercial real estate (CRE) financing mandate with a global alternative investment firm, providing access to a new pool of capital which will be deployed into whole loans between £20m and £75m across the UK and The Netherlands. This will materially increase QSix’ s lending capacity and its ability to provide larger loans.
QSix has made its first loan under the new mandate, recently financing Oaktree Capital Management backed Lifestory with a £24m residential inventory loan and has a significant pipeline across both the UK and The Netherlands.
QSix has now committed c.£300m into the whole loan market since the platform’s launch in 2017.
Gareth Williams, Head of QSix REF, said:
”We are delighted to complete this fund raising and thrilled to be able to expand our ability to provide capital across our target jurisdictions.
“Reaching £300 million of capital deployed since launch is a real testament to the hard work and skill of our team. With this new mandate we will be materially expanding our capacity to write more sizeable transactions whilst retaining our speciality in the mid-market, which we feel is underserved.”
For further information, please contact:
Tulchan Communications
Elizabeth Snow / Oliver Norgate / Faye Calow
0207 353 4200