Sonae Sierra and BTG Pactual have set up a joint venture to invest in property loans throughout the Iberian Peninsula. This collaboration brings together Sierra's local know-how in the property sector and BTG Pactual's financial experience and ambition to expand in Europe.
This partnership is primarily aimed at financing income-generating real estate assets, including shopping centres, retail parks and high street retail. The initiative seeks to capitalise on attractive opportunities in the real estate lending market, thus responding to the growing demand for innovative financing solutions. The model prioritises high-quality assets that offer competitive stability and returns.
‘This partnership combines the expertise of both companies to respond to the evolving needs of the market,’ says Luís Mota Duarte, Sierra's Deputy CEO and Executive Director of Investment Management, adding that ’it reinforces our strategy of creating innovative solutions for the property market and offering added value to our partners and investors.’
‘The joint venture is an important step towards increasing our offer of credit products and financial solutions and also strengthening our presence in the Iberian Peninsula,’ said Rogério Stallone, partner and head of Corporate Lending at BTG.
This initiative marks a significant step in the reformulation of property credit investment in the region, underlining the shared commitment of both companies to innovation, quality and sustainable growth.