Debt appetite
- Debt products
- Whole Loan
- Sectors / asset types
- logistics
- Ticket size
- —
- Max LTV
- 65%
- Max tenor
- 5 yrs
- Indicative margin
- —
- Target geographies
- USCanadaUK (no other European countries yet)
Lender profile
Real estate lending subsidiary of CDPQ (Caisse de depot et placement du Quebec), created 2008. Jan-24: CDPQ announced internalisation of Ivanhoé Cambridge and Otera Capital (C$29.7bn AUM). Nov-23: partnered RBC in GBP525m loan for St Modwen UK logistics portfolio.
Similar lenders
Comparable appetite
Bank · Real Estate
RBC Real Estate Capital Partners
Toronto, Canada
Has existing relationship with Otera Capital; partnered in direct lending transactions in US and Canada
Non-Bank Lender · Real Estate
O2 Capital
Paris, France
Non-Bank Lender · Real Estate
NorthWall Capital
London, United Kingdom
London-based European real estate credit manager; senior and mezzanine loans across UK and Continental European commercial real estate; value-add, transitional, and development lending for institutional sponsors.
Pension · Real Estate
OTPP - Ontario Teachers Pension Plan
Toronto, Canada
Ontario Teachers' Pension Plan; major Canadian institutional investor; approximately C$255B in net assets; global real estate, infrastructure, and private equity allocator; direct investment platform with offices in Toronto, London, and Hong Kong.
Non-Bank Lender · Real Estate
Zorin Finance
United Kingdom
backed and funded by UBS plus funds managed by Avenue Capital Group; 100% owned by Avenue Capital; UK development lender
Bank · Real Estate
Timbercreek Capital
Toronto, Canada
Toronto-based Canadian real estate credit manager; senior and mezzanine loans on Canadian commercial real estate; multifamily, office, industrial, and mixed-use assets; Timbercreek Capital is one of Canada's leading non-bank real estate lenders.