TH Real Estate has been awarded a debt mandate from two Korean insurance companies aimed at the whole loan market.
Dongbu Insurance and Dongbu Life Insurance awarded the real estate specialist fund an undisclosed amount to focus on lending to the UK.
This will be the two Dongbu companies’ first separate account mandate in the UK.
THRE normally lends across the capital structure aimed at stable, income-producing investments, to which the whole loan mandate adds strong potential returns.
Christian Janssen, head of debt at TH Real Estate, said: “The UK remains an attractive investment destination for CRE debt, with a positive and stable commercial real estate risk-return profile, supported by a liquid and transparent marketplace, and a creditor-friendly and well-understood legal framework.
“We are delighted to have been awarded this mandate and look forward to working closely with Dongbu Insurance Company and Dongbu Life Insurance Company, two prestigious and sophisticated investors. This new mandate is testament to our expertise in the sector and aligned to our growth aspirations for our CRE debt platform.”
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