LendInvest reports significant inflow to flagship debt fund of 40%

Property finance marketplace LendInvest has reported strong inflows to its flagship real estate debt fund last month.

Over the month, LendInvest secured £23m of new investment for its Real Estate Opportunity Fund, from an international group of investors.

This brought the fund’s AUM in excess of £250m at the end of November 2019, up approximately 40 per cent since the start of the year.

The LendInvest Real Estate Opportunity Fund is domiciled in Luxembourg and has always attracted a global investor base since its inception in 2014.

Rod Lockhart, head of capital markets and fund management at LendInvest, said: “LendInvest continues to attract capital from all over the world on the strength of its platform and compelling investment proposition.

“Despite the distractions of Brexit and an unscheduled General Election, the conditions for direct lending’s growth in UK property are good. The appetite to invest in the UK real estate debt is strong and investors are making well-judged decisions about where to allocate capital.

“On top of the strong market fundamentals and attractive yield, institutional investors are drawn to LendInvest’s more specialist and borrower focused, less transactional lending model. We firmly expect this trend to continue into 2020 and look forward to continuing to expand our institutional investor base.”

LendInvest is in the final stages of readying its first homeowner mortgage product, with is backed by a £200m investment by HSBC and will be launched officially in 2020.

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