Invesco Real Estate has provided a £158m (€182.6m) loan to Bridge Industrial, secured against a 586,922sqft UK portfolio.
The whole loan, which was made on behalf of an Invesco-managed perpetual life private credit fund, will be used to help the London portfolio of newly-built warehouses.
Dan Matthews, senior director, real estate debt, Europe, Invesco Real Estate, said: “This latest deal caps a busy H1 2025 period for the European debt team at Invesco Real Estate and is particularly gratifying as Invesco Real Estate has a longstanding, highly valued, global relationship with our sponsor.
“All the underlying assets are best in class and located in key London sub-markets so we are confident of the sponsors’ ability to deliver on the business plan.”
Andrew Gordon, managing director and head of real estate debt, Europe, Invesco Real Estate, said: “Originating and closing this deal was a multi-team effort involving Invesco colleagues from the US and across Europe, showcasing the best of our integrated, global approach.”
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