Disclaimer

This website is operated by DRC Savills IM (“DRC“). The content of this website is provided for information purposes only and nothing contained in this website should be construed as (i) a solicitation, offer or recommendation to acquire, dispose of or otherwise deal in any investment; (ii) an invitation or inducement to engage in investment activity or a financial promotion of any kind; or (iii) investment, legal, tax or other advice.
This website is not intended to provide, and you may not rely on this website as providing, a complete or comprehensive analysis of DRC’s investment portfolio, investment strategies or investment recommendations. You should obtain professional advice before making any investment decision.

The presentation of DRC products on this website as well as the dissemination of the information herein may depend on local regulations. The information contained on this website is not for use within any country or jurisdiction or with any persons where such use would constitute a violation of applicable law. Investors must inform themselves about any laws and restrictions which are applicable to them and act accordingly. Any securities mentioned on this website are only offered in jurisdictions where their promotion and sale is permitted.

Whilst we have taken reasonable care to ensure that the information on this website is accurate at the time of last revision of the website, we accept no liability for the accuracy or completeness of, nor any responsibility or duty to update, the information contained on this website.

This website may contain links to other websites and news articles that are not controlled by us. We do not endorse, nor are we to be held responsible or liable for the contents of those websites and the views and opinions expressed in the news articles are not DRC’s own.

Risk Statement:

All investments involve investment risk, and the value of investments and any income from them may go down as well as up and you may not get back all of your original investment. Past performance is not a guarantee or reliable indicator of future results. No representation is being made that any investment will or is likely to achieved profits or losses or that significant losses will be avoided. There can be no assurance that investments similar to those described on this website will be available in future and no representation is made that future investments managed by DRC will have similar returns to any presented herein. If you are in any doubt as to the suitability of an investments to you, you should consult an appropriate professional advisor.

This website may contain or incorporate by reference information that includes or is based upon forward-looking statements. Forward-looking statements give expectations or forecasts of future events. These statements can be identified by the fact that they do not relate strictly to historical or current facts. They use terms such as “anticipate”, “estimate”, “project”, “intend”, “plan”, “believe”, “will” and other words and terms of similar meaning, or are tied to future periods in connection with a discussion of future performance. Forward-looking statements are based on DRC’s assumptions and current expectations, which may be inaccurate, or based on the current economic environment which is subject to change. Such statements are not guarantees of future performance. They involve risks and other uncertainties which are difficult to predict. Results could differ materially from those expressed or implied in any forward-looking statements.

United Kingdom

If you are a resident of, or are present in, the United Kingdom, you represent and warrant that you are a “professional investor” within the meaning of Annex II to the Markets in Financial Instruments Directive 2014/65/EU (“MiFID II“).

The information on this website is issued by DRC for the purposes of providing information on products and services provided by DRC in the United Kingdom. The information is not directed at persons in any other jurisdiction where the access to the information may be contrary to applicable law or regulation.

DRC is authorised and regulated in the United Kingdom by the Financial Conduct Authority under no. 574874.

As an FCA regulated entity, DRC is subject to the restriction in section 238 of the Financial Services and Markets Act 2000 (“FSMA“) on the promotion of collective investment schemes. Therefore, any information relating to any such scheme is directed only at persons in the United Kingdom in respect of whom exemptions from section 238 FSMA apply, including (but not limited to): (i) persons falling within any of the categories of “investment professionals” as defined in Article 14(5) of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (the “CIS Order“); (ii) persons falling within any of the categories of persons described in Article 22 of the CIS Order; (iii) persons falling within the categories of “certified high net worth individual” described in Article 21 of the CIS Order or “self-certified sophisticated investor” described in Article 23A of the CIS Order; (iv) persons falling within any categories of persons described in COBS 4.12 of the FCA Handbook and (v) any other person to whom it may be lawfully directed. Persons of any other description should not view of act upon the information on this website.

European Economic Area

If you are a resident of, or are present in, the European Economic Area, you represent and warrant that you are a “professional investor” within the meaning of Annex II to MiFID II.
The information on this website may constitute “marketing” in the EEA as defined in the Alternative Investment Fund Managers Directive 2011/61/EU (“AIFMD“). The information is only directed at: (i) investors in an EEA jurisdiction where DRC is appropriately registered or authorised under AIFMD; (ii) where such investors have contacted DRC at their own initiative; or (iii) where marketing may otherwise lawfully take place.

Other Jurisdictions

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Investment Approach

We make new loans or acquire existing debt which is underpinned by quality real estate and in place cashflow.

 

Before 2008, bank lenders dominated commercial real estate due to the Basel framework’s favourable regulatory capital environment. Following the global financial crisis, Europe’s CRE lending landscape changed dramatically as high-leverage CRE lending became very expensive for banks under the new Basel II regulatory capital rules.

Such regulatory activity forced the banks to retrench, resulting in a significant reduction in both the amount of debt and the level of leverage available for European Commercial real estate, creating a funding gap that alternative lenders filled upon entering the market.

Capitalising on this lack of funding, DRC Savills Investment Management maintains an opportunistic approach to debt investing focused on high quality commercial real estate assets. The investment focus consists of the following:

 

  • Loan types: Senior, Junior and Mezzanine
  • Geographies: Western Europe
  • Asset Classes: Commercial real estate