Two broad themes are currently emerging in relation to European private equity real estate financing.

First, market commentary has noted that €150 billion of this finance is due to mature by 2025 – the "wall of credit".

INTRODUCTION

Luxembourg is one of the leading domiciles worldwide for international investment vehicles. This leading position has arisen from the combination of the following core factors:

Introduction

Luxembourg’s sophisticated financial services infrastructure, global brand recognition, full EU single market access and extensive double tax treaty network has lead to its development as a core jurisdiction for non-regulated investment structures. This has resulted in the domiciling of several tens of thousands of investment holding companies, many of which form part of globally recognised corporate groups or hold the portfolio investments of leading international investment funds.