Aeriance Investments has closed 10 deals to a total value of €134.2m (£97.3m) in the first five months of 2015, focusing on residential and mixed-use development.
In particular, Aeriance, the lending arm of investment fund Aerium, has provided loans to three projects in the small-scale development sector.
It provided a €32m loan to acquire and redevelop a Clerkenwell warehouse into a mixed-use asset and provided a £15.31m facility to fund the acquisition and development of a property on New Oxford Street, which will be used as commercial and residential space.
In addition, it provided a €7m bridge-to-sell facility to a private property company to assist in the marketing and sale of a completed development in Weybridge.
Operating across the USA and Europe, the business also completed a €25m mezzanine loan for city centre retail acquisitions for a French retail investor.
Harin Thacker, chief executive of Aeriance, said: “We are continuing to see a variety of different lending opportunities and are excited by the deals that exist in the market across the full range of the risk spectrum. We are very pleased to be supporting on a number of interesting development projects, in addition to our entrance to both the US market and the robust private rented sector.”
