Puma Property Finance launches €175m real estate fund

Puma Property Finance has launched its new Real Estate Secured Credit Fund (PRESC) with an initial investment from real estate private equity firm Madison International Realty.

Paul Frost

This fund will focus on providing large loans of between £20 mln (€23.4 mln) and £100 mln (€117 mln) for property development and stabilisation in the UK, particularly in residential and specific commercial sectors.
PRESC has already invested £150 mln (€175.5 mln) across various projects in major UK cities like London, Manchester, and Edinburgh.
Puma expects further investment in the fund by 2026, aiming to attract both UK and international investors. This new fund, supported by the partnership with Madison, allows Puma to offer larger loans and expand its services for operational real estate assets, building on its track record of funding over £3 bn (€3.51 bn) in UK property developments.
Paul Frost, managing director of Puma Property Finance, commented: “We believe UK real estate, particularly in the living sectors centred on major conurbations, remains a robust asset class underpinned by strong fundamentals and a stable legal framework. Offering the natural liquidity provided by a diversified book of relatively short-term loans, coupled with attractive risk-adjusted returns for senior debt exposure, we are optimistic about the prospects of the Fund securing further capital to implement its strategy.”