Lucy Scott
The inquiries come after Sydney-based Metrics Credit Partners announced last month that audited values for several of its listed funds would differ from preliminary estimates.
The investment bank has increased its funding commitment to the AB CarVal-backed lender as Quantum looks to expand its lending capacity.
The specialist lender alleges that valuers Savills and Avison Young, and a UK law firm, negligently advised it.
The German manager warned a higher-for-longer environment could restrict liquidity.
Metrics Credit Partners suspended redemptions in a A$3.3bn real estate debt fund while it finalises audit-driven valuation changes.
The multibillion-pound financing is one of the largest-ever UK data center deals.
Despite rising gilt yields and growing concerns over the UK’s fiscal outlook, real estate lenders continue to deploy.
The firm’s founder says the extend-and-pretend period ‘is over’ as sponsors increasingly choose not to commit fresh equity to support assets.
The financing will support a major decarbonization program initiated by the building’s South Korean owners.
The firm will provide origination, structuring and asset management services to existing investors with debt capital and lending programs in place.