NBIM and AXA Real Estate have formed a joint venture that will target large size senior loan investments, of up to €600 million, with a primary focus on the United Kingdom, France and Germany.
The partners will invest mostly in primary issuances of commercial real estate loans.
The approach to this real estate debt program is similar to the fund’s existing real estate investment strategy and philosophy. The joint venture will allow NBIM to achieve two main objectives: (i) invest in commercial real estate debt, and (ii) invest alongside an experienced team with balance sheet capacity and long term investment horizon.
Advisor, Communications & External Relations, NBIM
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