Axa Real Estate Investment Managers has raised 1.4 billion euros ($1.8 billion) for commercial property loans in Europe and plans to lend 2.4 billion euros this year.
Fundraising this year will increase Axa Real Estate’s debt program to about 7 billion euros, the unit of Paris-based Axa SA (CS) said in a statement. The company plans to secure about 2 billion euros of investment capacity this year, it said………………………………………..Full Article: Source