In 2005, we were one of the first European real estate managers to establish a commercial real estate debt platform, recognising the potential performance of this asset class. As of today, we have arranged debt for investment totalling more than €14 billion, serving over 40 clients in 10 countries, across a broad range of funds and separate accounts. In June 2013, we launched the infrastructure debt platform, with a commitment from the AXA Group to invest up to €10 billion over the next five years. Our clients include insurance companies, pension funds and sovereign wealth funds.
Our debt team draws into the expertise of the AXA IM's Fixed Income and Structured Finance platforms, enabling investments in a variety of CRE (commercial real estate) risks, from senior CRE loans, to corporate bonds and CMBS.
Real Estate Debt
AXA IM - Real Assets was the first non-banking institution to enter the European real estate debt market in 2005, having raised more than €14 billion across private and listed debt since then. Our award winning debt platform maintains its position as one of the largest real estate debt platforms in Europe.1
Focusing on conservative loan to value, quality assets with growth potential and capable sponsors, our debt funds aim to capture risk adjusted returns from senior loan real estate investments. We aim to offer diversification and low risks, thanks to collateralization and security package.
Our agile investment approach enables us to act fast when suitable opportunities arise.
In 2013, we launched our infrastructure platform to serve investor needs for real asset diversification and income. Investing in this asset class can offer stable performances and risk-adjusted returns, due to its low correlation to economic cycles. We provide financing structures that capitalise on the unique features of this asset class (high barriers to entry, capital intensive).
The primary sectors we target are regulated utilities and power (electricity, gas transmission and distribution, water), transport (toll roads, airports, ports, rails, tunnels) and other sectors of interest such as power generators, telecom infrastructures, public transport and healthcare facilities.