Sierra and BTG Pactual partner to launch Real Estate Credit Joint Venture

• The innovative joint venture will be particularly focused on income-producing real estate assets, such as shopping centres, retail parks, and high street.
• This initiative is in line with Sierra’s investment management strategy, which aims to establish partnerships with recognised investors in the market to promote attractive investment opportunities.

Sonae Sierra, a multinational vertically integrated real estate player, and BTG Pactual, the leading investment bank in Latin America, have established a joint venture to invest in real estate credit across the Iberian Peninsula. This collaboration brings together Sierra´s local know-how in the real estate sector and BTG Pactual´s financial expertise and ambition to expand in Europe.

This innovative joint venture will be primarily aimed at financing income-producing real estate assets, including shopping centres, retail parks, and high street properties. By leveraging the complementary strengths of both partners, the initiative seeks to capitalize on attractive opportunities in the real estate credit market, responding to the growing demand for innovative financing solutions.

The model prioritizes high-quality assets that offer stability and competitive returns. This model reinforces Sierra’s commitment to innovation, diversification, and portfolio robustness, while boosting the dynamism of the real estate credit market in the Iberian Peninsula.

“This partnership combines the expertise of both companies to address the evolving needs of the market,” stated Luís Mota Duarte, Deputy CEO & Executive Director, Investment Management at Sierra. “It reinforces our strategy of creating innovative solutions for the real estate market and offering added value to our partners and investors.”

“The joint-venture is an important step to increase our product offering of credit and financial solutions and also reinforce our presence in the Iberian Peninsula.” stated Rogério Stallone, Partner and Head of Corporate Lending at BTG.

This initiative marks a significant step in reshaping real estate credit investment in the region, underscoring the shared commitment of both companies to innovation, quality, and sustainable growth.