Macfarlanes advises Octopus Property on closing of £230m Octopus Commercial Real Estate Debt Fund II
The fund focuses on originating short-term loans secured by first charge against UK commercial property and the successful fundraising drew investor commitments from UK, European and Canadian pension funds and funds of funds.
The Macfarlanes team for this matter was led by Sam Brooks, who will become an investment management partner as of 1 May, with assistance from solicitor Noreen O’Sullivan.
Sam Brooks comments: “Having acted for Octopus Property on their previous real estate debt funds, we are delighted to have been mandated to advise on CREDF II and that its fundraising has been so successful. Debt funds are a key area of focus for Macfarlanes, and Octopus, one of the UK’s fastest growing financial companies, is a highly valued client of the firm.”