The Hamburg-based company EARLYREAL announces a strategic partnership with AEXbridge Capital, a Madrid-based investor specializing in private debt. Under the name AEXbridge Capital Germany, both partners will combine local market knowledge with the institutional investment capabilities of AEXbridge Capital – with the aim of tapping into the German real estate market and offering project developers a tailor-made alternative to traditional bank financing. AEXbridge Capital Germany GmbH will be led by Robert Mangin and Dr. Gisbert Beckers as Managing Partners in the future.
“With AEXbridge Capital Germany, we are responding to the increasing demand for structured private debt solutions on the German real estate market. As a result of stricter capital requirements and a growing portfolio of non-performing loans, German financial institutions are becoming increasingly cautious in granting loans. This circumstance is leading to significant financing gaps for some market players,” says Robert Mangin, Managing Partner at EARLYREAL and Managing Partner at AEXbridge Capital Germany. “Through the partnership, we offer a fast, flexible and financially strong alternative that is tailored precisely to the requirements of current real estate projects.”
Local expertise meets international capital
The two companies have already worked together successfully on individual projects in the Spanish market in the past. With the partnership in Germany, the partners are now combining their respective strengths. EARLYREAL has a deep understanding of the German real estate market, an established deal flow and a grown developer network. AEXbridge Capital complements this with extensive experience in real estate lending, underwriting and structuring, as well as its international institutional platform and implementation expertise.
“Our goal is to bring to the German market the same investment approach that we have already successfully developed in other European markets: the combination of disciplined underwriting, flexible structuring and implementation certainty. We see an attractive opportunity to offer project developers and asset owners tailor-made capital solutions across the entire capital structure – especially in situations where traditional financing is either not available or does not sufficiently address the complexity of the project,” says Alberto Lopez, CEO of AEXbridge Capital.
Tailor-made financing solutions along the entire capital structure
AEXbridge Capital Germany enables efficiently structured financing with prompt capital provision. Financing volumes of between EUR 30 million and EUR 200 million are offered for project developments and value-add projects. The product range covers the entire capital structure – from subordinated junior loans that complement existing bank financing, senior loans and combined whole loans to preferred equity solutions. The focus is on the asset classes of residential, senior living, serviced apartments and hotels – segments in which there is currently a particularly high demand for private debt solutions.
