QuadReal Property Group has unveiled the expansion of its commercial real estate debt platform into the United Kingdom and Ireland, committing more than £2.5 billion over the next three to five years. The Canadian-headquartered company said the move reflects its strong conviction in the region and sets the stage for further growth across European markets.

The platform, which will be controlled directly by QuadReal, will concentrate exclusively on direct lending. It builds upon the company’s success in North America, where its debt business already oversees more than £7.5 billion in investments and is on course to surpass £8 billion before the end of 2025.

The firm will draw on the expertise of its established London office and its global team, alongside relationships with institutional sponsors in the US and Canada that are active across the UK and Europe.

“Platform expansion in the UK and Europe is a natural next step for QuadReal’s debt strategy and will build off the successes of our team in North America,” said Jonathan Dubois-Philips, President, International Real Estate. “Expanding our lending capabilities in the UK and European markets provides us with the opportunity to further diversify our portfolio and gain exposure to the attractive risk-adjusted returns these markets have to offer.”

The company said its lending focus will be directed towards multifamily housing, student accommodation, data centres, industrial property and self storage. “In alignment with QuadReal’s high conviction investment strategy and global experience, the expanded platform will focus on key sectors including multifamily, student housing, data centres, industrial and self storage,” said Prashant Raj, Managing Director, Debt Investments. “The initial commitment strategy is centred on the UK and Ireland, and will expand more broadly in Europe, with a focus on construction, transitional and stabilised loans, filling a current gap in the lending market.”

Since 2021, QuadReal’s debt team has executed more than 165 transactions within its targeted investment sectors. The group, ranked among the world’s top 20 real estate investors, intends to allocate between 10% and 20% of its total debt portfolio to the UK and Europe by the end of 2029.