These commitments were secured from clients across Europe, the Asia-Pacific region, and the Americas. A significant portion comes from existing investors on the BNPP AM Alts CRE Debt platform, alongside new investors.

BNPP AM Alts aims to build a loan portfolio for its Enhanced CRE Debt strategy ranging from EUR 50 million to EUR 500 million, secured by high-quality, well-located assets.

The strategy will primarily focus on investing in senior loans at leverage levels higher than those typically offered by banks, as well as on projects aimed at supporting redevelopment and transformation operations.

Investments will be selected on an opportunistic basis, with the geographical distribution expected to focus on the United Kingdom, Germany, and France, with additional allocations in Southern Europe, the Benelux, and the Nordic countries.

Sector diversification is expected to primarily target the industrial and logistics, residential, and alternative asset sectors, as well as offices, retail, and hospitality.