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EUROPEAN REAL ESTATE FINANCE

European Real Estate Finance Advisory

Independent cross-border real estate finance advisory for investors, developers and sponsors seeking debt, structured capital and equity across European markets.

Cross-Border Finance

European capital access with transaction-specific execution

Real estate capital is increasingly sourced across borders, but underwriting remains local. Security packages, legal structures, valuation practice, lender mandates and execution requirements differ by jurisdiction.

A lender that is active in one European market may have different leverage, asset-class or sponsor requirements in another. Cross-border financing therefore requires both a broad capital universe and an understanding of local execution constraints.

KSCG structures the financing requirement first and then identifies banks, debt funds, private credit, family capital and equity providers whose mandate aligns with the transaction.

Financing Requirements

Cross-border real estate capital solutions

01

Development Finance

Debt and structured capital for development, construction, conversion and redevelopment projects.

02

Acquisition & Bridge

Time-sensitive acquisition and transitional financing for assets and portfolios.

03

Investment & Portfolio

Financing for income-producing assets, portfolios and institutional investment strategies.

04

Structured Capital

Whole-loan, mezzanine, preferred equity and bespoke capital stacks for complex transactions.

05

Equity & Joint Venture

Equity capital raising, co-investment and joint venture structures alongside sponsors.

06

Restructuring & Exit

Refinancing, recapitalisation and transitional capital ahead of sale or long-term financing.

Cross-Border Underwriting

What changes from market to market

01

Jurisdiction

Local legal framework, security enforceability, tax structure and documentation requirements.

02

Asset Market

Local liquidity, valuation evidence, rental market, development demand and buyer depth.

03

Capital Mandate

Country, asset-class, ticket-size and risk constraints within each lender or investor mandate.

04

Leverage

LTV, LTC, debt yield, ICR or DSCR requirements appropriate to the market and business plan.

05

Sponsor

Track record, local execution capability, equity commitment and alignment with the capital provider.

06

Exit

Repayment path that remains credible within the relevant local market and financing cycle.

Capital Universe

Banks, debt funds, private credit and equity

KSCG approaches the capital market selectively, focusing on providers with a genuine mandate for the geography, asset class, risk profile and transaction size.

Banks

Domestic and international banks providing senior real estate finance within established underwriting parameters.

Debt Funds

European and global funds providing senior, whole-loan, bridge and development finance.

Private Capital

Private credit, family capital and alternative providers for flexible or bespoke situations.

Equity Capital

Institutional, private and family capital for joint ventures, co-investment and preferred equity structures.

KSCG Approach

One financing strategy, multiple European capital sources

We assess the transaction, determine the capital structure and define which lender or investor universe is relevant before any market approach.

KSCG coordinates financing strategy, lender selection, engagement, term comparison, negotiation and execution while working with the relevant local legal, tax, valuation and technical advisers.

Related Services

Explore our real estate finance solutions

Discuss a European real estate financing

Speak with KSCG about cross-border debt, structured capital or equity for a European real estate transaction.

Discuss a transaction