DRC Savills IM holds final close of its fourth Pan-European high yield debt fund at EUR600 million
DRC Savills Investment Management (“DRC SIM”) has held the final close of its fourth fund in DRC SIM’s high yield debt strategy; European Real Estate Debt IV (“ERED IV”). The Fund successfully reached its target fundraise of c.EUR600 million (cUSD680 million/GBP500 million). DRC SIM is the real estate debt financing arm of Savills Investment Management, the EUR25 billion global investment management platform of Savills plc (LSE: SVS). The Fund has successfully closed sixteen institutional investors, allocating from their real estate...