This new vehicle from FS Capital, which offers investors alternative financing solutions, started its activity in the country in February and it should close its first year with 98 million euro financed, 30% higher than at the end of November. Half the financed projects concern asset acquisitions and the other half real estate debt refinancing processes.
«We are moving a lot faster than we were expecting and with options to grow further if the market offers good opportunities», revealed Francisco Jonet, in charge of business in Spain for the company, to Eje Prime,
In the mid-term, Izilend expects to double the amount it finances, reaching 200 million euro.