Real Estate Private Debt

Bridging the Gap in Real Estate Financing

Debt Fund – Article 8 (SFDR)

Allocating capital where banks retreat — uncovering opportunity in real estate financing.

As banking regulation tightens and lending capacity declines, a structural financing gap has emerged in the real estate sector. This imbalance creates attractive conditions for alternative capital providers.

Ongoing consolidation within Europe’s banking landscape further reinforces the need for flexible, institutionally managed financing solutions.

The PONTIS FUTURUM Debt Fund, managed by experienced European real estate specialists, enables investors to access secure and predictable returns through short-term financing of projects in leading European metropolitan areas.
Investments are diversified across loan types, financing purposes, regions, and sectors — and are consistently backed by tangible real estate assets.

Participation in this emerging asset class offers investors stable distributions, resilient cash flows, and low correlation to traditional asset classes.

Fund performance is driven by disciplined lending structures rather than property appreciation, ensuring resilience even amid market volatility.

The Advantage of Real Estate as Collateral

With a focus on sustainability and prudence, the Fund provides loans based on conservative loan-to-value ratios and a broad portfolio of properties across strategic markets in the German-speaking region.
This disciplined approach combines security, diversification, and opportunity — reflecting a new standard in real estate debt investing.

Key Facts

PONTIS FUTURUM addresses the financing gap emerging from tightening banking regulation.
The Fund invests in a diversified portfolio of short- to medium-term real estate loans, primarily secured by first-ranking mortgages and focused on strategic, high-growth regions.

Investment Focus

  • The Fund aims to generate stable, consistent returns through short- to medium-term lending, primarily structured as whole-loan financings.
  • Its core investment strategy focuses on real estate projects that offer secured, fixed returns — combining steady income generation with the potential for capital appreciation within the sub-fund.
  • A disciplined, weighted risk-assessment framework governs all investment decisions.
  • Returns are independent of property price movements, ensuring resilience against short-term market fluctuations and preserving value through changing cycles.

01

Residential Real Estate

Multi-family housing, serviced apartments, student housing, micro-apartments

02

Healthcare & Senior Living

Assisted living, medical centers, rehabilitation clinics, nursing homes

03

Retail Properties

Retail parks, supermarkets/discount stores, high-street retail

04

Industrial & Logistics

Self-storage, distribution centers, light-industrial assets

05

Office Real Estate

Corporate headquarters, coworking

06

Hospitality

Business hotels, budget hotels, luxury hotels

07

Specialized Real Estate

Data centers, parking structures

Performance

WHOLE LOANS

Whole loans combine senior and mezzanine tranches into a single financing solution, reducing execution risk and increasing efficiency compared to traditional layered structures

Real Estate Equity – Target Returns

Real Estate Equity – Target Returns

Core

  • Strong tenant base
  • prime locations
  • modern building quality
  • LTV < 33%

4.0%-6.0%

Core+

  • Good assets in attractive locations
  • moderate vacancy management
  • LTV < 50%

5.0%-8.0%

Value Add

  • Renovation potential
  • moderate vacancy, active management
  • LTV < 60%

8.0%-15%

Opportunistic

  • Development
    projects
  • major refurbishments
  • higher vacancy and leasing risks
  • LTV < 80%

>15%

Real Estate Debt – Target Returns

Senior

  • First-ranking security
  • low default risk
  • Max LTV 60%

3.5%-6.0%

Whole Loan

  • First-ranking security
  • higher leverage permitted
  • Max LTV 80%

5.5%-12.5%

Mezzanine

  • Subordinated security
  • equity kicker
  • tranches between 60–80% LTV/LTC

12.0%-20.0%

Pontis Futurum

  • Management Location: Luxembourg
  • Track Record: Over 25 years of experience in European real estate financing
  • Expert Team: Deep expertise across the real estate value chain
  • Network: Broad market access and long-term strategic partnerships
  • Return Profile: Attractive, stable, risk-adjusted returns with predictable cash flows
  • Low Correlation: Independent of traditional asset classes
  • ESG Integration: Sustainability embedded into investment strategy and process

Key Success Factors

Diversification

Broad sector allocation optimizes risk/return dynamics.

Agility

Efficient decision-making and lean structures ensure fast execution and clear advantages over banks.

Attractive Return Potential

Current market dynamics open access to above-average yields and stable cash flows, supported by disciplined risk management.

Independence

Bank-independent asset manager, aligned with investors’ interests and regulatory standards.

Experienced Debt Team

Proven expertise across the full real estate and financing lifecycle.

Pontis Futurum – Evergreen Fund Structure

Maximum flexibility through the choice of regular distributions or reinvestment (accumulation).

The Fund already meets the upcoming AIFMD II requirements on liquidity management.

Invest in substance – today for tomorrow.

Discover how PONTIS FUTURUM strengthens your strategy and creates real value.

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