Alantra advises RE Capital on securing senior financing for a residential development in Lisbon

Feb 2025

Debt Advisory

Lisbon –Alantra has acted as the exclusive financial advisor to RE Capital, a pan-European real estate asset manager, on securing up to €55mn in senior financing for a residential development in Lisbon’s Marvila district.

The financing, provided by Stronghold Asset Management, is initially structured as a bridge loan to refinance existing debt and start initial building works, with further interest to fund construction once certain development milestones are achieved.

RE Capital is a privately owned property investment, asset, and development management firm with teams in London, Lisbon, and Geneva. Co-investment is central to its strategy, and since inception, the firm has executed 30 real estate investments across the UK, Switzerland, Portugal, and Germany, representing a market value of approximately €1bn.

Stronghold Asset Management is a real estate direct lending platform backed by institutional investors, providing tailored credit solutions. Its experienced local investment team evaluates numerous opportunities, selecting only the most attractive risk-reward profiles.

Jorge Roa, Managing Director at Alantra, commented: “We’re pleased to see our Real Estate sector expertise and Debt Advisory capabilities combine to secure a highly competitive financial package for RE Capital. This transaction also marks a milestone for our Real Estate team, as it is our first Real Estate Debt Advisory deal in Portugal after significant efforts in the region that have led to a promising deal pipeline.”

This transaction builds on Alantra’s growing track record in the Real Estate sector, which includes recent advisory of Therme Group on a joint venture with CVC and the acquisition of Therme Erding, the world’s largest wellbeing destination, and supporting Banca March and Meliá International Hotels on financing a three-hotel portfolio in Spain.