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Generali guns for €1 billion debt fund; closes first deal in France.

Generali Real Estate has hit the market with its follow on real estate lending fund, Generali Real Estate Debt Investment Fund II (GREDIF II).

The Italian giant said it had slated a target size of €1 billion to make senior debt investments with a loan-to-value of up to 60% and variable rates. It also said the new vehicle was a SFRD Article 8 fund.

Source: propertyeu.info on the 1st of February 2023
https://propertyeu.info/Nieuws/Generali-guns-for-1b-debt-fund-closes-first-deal-in-France/aad486ee-5d52-492e-b236-3432df96e89b