Patient equity, not covenanted debt.
Senior lenders want belt-and-braces collateral and LTV cushion. We take equity risk and equity upside. No amortisation schedule, no cross-default triggers — we hold through delay and realise on completion.
NEW Germany 2026 market outlook — read the briefing →
Four questions. One straight answer. Takes under a minute.
We back ready-to-build residential, commercial, and mixed-use projects in Germany, Luxembourg, and across Europe — €5m to €40m per ticket, 20–25% target investor IRR, Luxembourg-domiciled structures.
Project sized €5m–€40m
Permits secured or clearly line-of-sight
Germany, Luxembourg, UK, France, or Spain
Residential, commercial, mixed-use, or co-living
Four questions. One straight answer. No follow-up spam unless you want it.
We read your brief, check fit against our active mandate, and come back with a yes, no, or a pointed set of clarifying questions. We don't sit on files.
Joint diligence on permits, market, counterparty track record, and structuring. You work with one lead partner and one analyst. Everything runs in parallel.
We draft a term sheet with Luxembourg-domiciled SPV governance, aligned economics, and a capital deployment schedule tied to construction milestones.
Documentation close, first tranche wired to the SPV, quarterly reporting cadence established. You have one partner to call — not a committee.
Senior lenders want belt-and-braces collateral and LTV cushion. We take equity risk and equity upside. No amortisation schedule, no cross-default triggers — we hold through delay and realise on completion.
Mezz priced at 12–15% punishes you during slow periods and doesn't share upside. We co-invest at the equity layer — our return profile is the project's return profile. You win, we win.
Generalist PE funds lack sector-specific underwrite and often force UK or Cayman structures that don't work for European developers. We are Luxembourg-domiciled, CSSF-aware, and speak your financing language.
Ticket, timeline, structure, exits, ownership. If you need more, it is faster to submit a brief or book a call.
We respond within 24 hours on business days. Keep it short — if there is a fit we will ask for the file.
The fastest way in is the form above. The second fastest is a 20-minute call.
Short, sharp briefings on European real-estate equity flows, Basel IV, and deal structure. No fluff.
“Why the German residential stack is re-pricing — and which ready-to-build windows close first.”