MIPIM 2018: Why TH Real Estate is pivoting towards debt

With global real estate broadly considered to be “late cycle” one of the sector’s biggest fund managers, TH Real Estate, is steadily upping its exposure to the debt market.

The company has held a first close of its second UK debt fund of close to £500m https://www.egi.co.uk/news/first-close-for-th-real-estates-500m-debt-fund/

EG spoke to head of TH RE, Mike Sales about why it saw moving from equity to debt as more defensive, replicating its European core fund in Asia and how his exercise regime was going down in Cannes.