QuadReal expands UK lending with €101.1m in new deals

QuadReal Property Group has significantly expanded its UK lending activities, completing two new loan transactions totalling £86.4 mln (€101.1 mln). 

UK debt - QuadReal

This brings their total direct lending in the UK to over £110 mln (€128.7 mln) since their platform launched in October 2025.
The first transaction is a £56.5 mln (€66.1 mln) refinancing loan for Heitman's self-storage portfolio. This portfolio consists of eight high-quality, purpose-built or converted facilities, totalling 45,734 m², located in Birmingham, Sheffield, and Stafford. These properties, managed by Space Station, were chosen for their excellent local market conditions, with no new competing self-storage developments in those cities. Most facilities are already operational, with the remaining two expected to be completed by March 2026 and July 2025, respectively.
The second transaction involves a £29.9 mln (€34.9 mln) development loan to Fiera Real Estate and Wrenbridge for a 20,415 m² logistics facility in Reading. This project, which began construction in December 2025 and is slated for completion in December 2026, will comprise six suites across five buildings. Its strategic location south of Reading, near the M4 motorway, provides access to a large population base, Heathrow Airport, and major port cities.
These deals follow an earlier £25.5 mln (€29.8 mln) loan for logistics space in Watford, London. QuadReal plans to invest over £2.5 bn (€2.93 bn) in real estate lending across the UK and Europe within the next three to five years, leveraging the success of its North American debt business, which manages over £12 bn (€14.04 bn) in investments.
Derek Richter, VP, Real Estate Debt, said: “These transactions represent an important milestone in the growth of our lending platform, and demonstrate our confidence in the UK market. While we are committed to growing our platform, we remain disciplined and will only progress transactions that are aligned with our global investment strategy and core convictions. With strong sponsors and attractive sector fundamentals, these high-quality, well-located sites are firmly in line with that strategy, and we look forward to working with Heitman, Fiera, and Wrenbridge as they execute their business plans.”