Octopus Real Estate’s £500 Million Fundraising

Macfarlanes has advised specialist UK property lender Octopus Real Estate on the matter.

Octopus Commercial Real Estate Debt Fund III (CREDF III) has successfully held a final closing with aggregate commitments to the strategy of £500m.

CREDF III is focused on originating short-term loans secured against UK commercial property. It plans to lend more than £1bn across sub-sectors including logistics, purpose-built student accommodation, supermarkets, retail warehousing, residential development land and hotels over the next three years.

The fund received commitments from investors including pension funds and insurers across the UK and Europe. 

The Macfarlanes team was led by investment management partner Sam Brooks (Picture) alongside associate Miriam Cable. Tax expertise was provided by partner James McCredie and associate Charlie Tannock.

Involved fees earner: Samuel Brooks – Macfarlanes LLP; Miriam Cable – Macfarlanes LLP; James McCredie – Macfarlanes LLP; Charlie Tannock – Macfarlanes LLP;

Law Firms: Macfarlanes LLP;

Clients: Octopus Real Estate;

Giulia Di Palma

Author: Giulia Di Palma