GreenOak has raised over $1.5bn for its European debt fund. :
GreenOak Real Estate has completed the fundraising for its Europe Secured Lending Fund with €600m of commitments, exceeding the €500m target. GreenOak said, in total, it has raised over US$1.5bn (€1.3bn) for European real estate debt strategies. The Europe Secured Lending Fund fund provides loans of up to 75% loan-to-value, ranging in size between €5m and €100m, with the capacity to go higher. The fund is already 60% deployed across 12 loans secured by 60 properties in Germany, the Netherlands and Ireland.