AXA IM Alts, a global leader in alternative investments with €185 billion of assets under management, raised more than €4 billion for its c.€24 billion global commercial real estate (“CRE”) debt platform over the past year, through the launch of new strategies and dedicated mandates.
Over the same period, AXA IM Alts invested c.€3 billion into investment opportunities across the entire capital stack, from senior whole loans through to transitional lending facilities and junior loans.
This significant fundraise and deployment in a single year reflects AXA IM Alts’ ongoing position as a leader in the CRE debt sector for both capital raising and deployment, leveraging its global network and deep sector expertise to offer clients access to a broad spectrum of alternative lending opportunities throughout the market cycle.
There is continued strong appetite from institutional investors wishing to capitalise on the favourable relative risk-adjusted returns available from private credit opportunities in commercial real estate. This appetite is further fuelled by the expectation that, while trending downwards, interest rates are expected to remain elevated for the foreseeable future on a relative basis, as well as the ongoing bank retrenchment from the sector, maintaining the funding gap in the CRE debt market. AXA IM Alts is also targeting additional lending opportunities to meet the funding requirements of investors and occupiers for ESG-focused capex strategies, against the backdrop of tightening energy efficiency regulations across real estate markets.
Source: alts.axa-im.com on the 23rd of January 2025
https://alts.axa-im.com/media-centre/axa-im-alts-real-estate-debt-platform-raises-record-eu4-billion-and-deploys-ceu3-billion-12-months