The first transaction was a £56.5m loan to Heitman to refinance a 492,260 sq ft self-storage portfolio located across Birmingham, Sheffield and Stafford, and managed by Space Station.

Six of the assets are operational and currently in a lease up phase, while one completed in July 2025 and the other is estimated to complete this March. All the schemes are institutional grade, purpose-built or high-end conversions.

The second transaction is a £29.9m loan to Fiera Real Estate and Wrenbridge to fund the development of a 219,749 sq ft logistics facility in Reading.

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Construction on the scheme, which will offer six suites across five buildings, commenced in December 2025 and is due to complete in December 2026.

The platform, which was launched in the UK in October 2025, QuadReal intends to commit over £2.5bn over the next three to five years across the UK and Europe.

“While we are committed to growing our platform, we remain disciplined, and will only progress transactions that are aligned with our global investment strategy and core convictions,” said Derek Richter, vice president of real estate debt at QuadReal (pictured above).

“With strong sponsors and attractive sector fundamentals, these high quality, well-located sites are firmly in line with that strategy and we look forward to working with Heitman, Fiera, and Wrenbridge as they execute their business plans.”