Credit
 


UNION Credit

As the first fund manager in Norway, UNION has been granted approval to establish funds within Private Debt. The new product will offer private and tailored financing solutions to real estate entities within the Nordic region. UNION Credit blends a proven track record in real estate with profound expertise in credit and understanding of customer needs.

The fund offers several advantages for customers:

 -   The mandate provides significant flexibility on loan structures, surpassing that of other debt providers. This includes sub-ordinated loans and allowing proceeds to serve various purposes.

 -   The portfolio will predominantly consist of secured direct loans. For borrowers, this entails private processes and a single known counterparty throughout the loan term.

 -   The funds’ adaptable structure enables us to offer highly customized solutions for refinancing. Moreover, we offer liquidity loans, bridge facilities and project finance when needed.

Our intuition is to collaborate with banks and participate in joint loan structures to enhance the leverage-ratio beyond what traditional bank- and bond financing offers. 

The fund will focus on lending to a wide range of commercial real estate, focusing on liquid assets in Norway’s urban centers. Additionally, we commit to being a steadfast, long-term partner and a beneficial contributor to our clients.

Feel free to get in touch if you’re interested in learning more about the opportunities available for your company!

UREC

UNION REAL ESTATE CREDIT

UREC

Fund: UNION REAL ESTATE CREDIT 

Vintage: 2024

Phase: ELTIF certified | Under establishement

Market: Nordics

Read more