BF.capital secures €300m debt investment mandate

Real estate debt investor BF.capital said on Thursday that it has received a €300 mln investment mandate from an unnamed German insurance company to invest in whole loans with an LTV of up to 80%.

The contract is for an indefinite duration and may be increased to €500 mln moving ahead.

Manuel Köppel, managing director of BF.capital GmbH, said: ‘The investor’s large-scale commitment shows how attractive real estate debt investments are for institutional investors.

'The capital will mainly be used to finance property projects at the big seven and their surrounding areas. A few growth and student cities will also be added to the mix.

'The main type of use will be residential, including special-purpose residences with standardised operating concepts. There will also be mixed-use properties and neighbourhoods that include other types of use such as retail or other commercial use.’