Caerus secures €55m in new financing

Caerus Debt Investments has secured new financing totaling €55.5 mln for two existing loans backed by mixed-use real estate portfolios in the Netherlands. 

Dutch assets - Caerus

The portfolios, valued at over €95 mln, are primarily residential properties with some retail and hotel space, totaling about 35,000 m² across 46 buildings in cities like Utrecht, Rotterdam, and The Hague. 
The new loans represent 52% to 63% of the portfolios' value and cover properties that are almost fully occupied.
Peter Anthuber, CIO of Caerus, commented: "We are delighted to be able to provide refinancing to a long-standing Dutch client of Caerus in a difficult financing environment for borrowers. At the same time, the granular structure and correspondingly small-scale spread of letting risks in both portfolios enables us to offer our institutional investors a risk-conscious but attractive investment opportunity in the Dutch residential segment."
Noerr and VVW Advocaten provided legal counsel for the deals.
Düsseldorf-based Caerus Debt Investments specializes in institutional real estate debt investments in continental Europe, manages around €2.7 bn in loans, primarily focused on Germany, Austria, Switzerland, and the Benelux region. The firm has launched seven funds with approximately €2.6 bn in committed capital from institutional investors.