Lending

Data centers are big business and require big finance, writes JC Russell.

Real estate private credit is taking its place as a component in broader asset-backed finance strategies. PERE investigates the role the asset class is playing as investors seek diversified credit exposure.

Funded by two bank lenders, the deal marks one of the largest ever development loans in the London office market.

The warehouse specialist arranged the loan for its Delin Dutch Logistics Partners Fund.

The mixed-use property secured the financing as the New York office market continues to recover.

The manager, which launched its debt business in 2025, has so far lent around €270m.

The capital raised includes Europe’s largest commingled real estate debt fund of 2026 so far.

The loans were funded through Northwind’s discretionary debt fund platform.

The loan was provided to a subsidiary of Nordic manager Urban Partners.