Venn Partners sets up Dutch residential mortgage platform

London-based real estate specialist Venn is taking the plunge into directly providing residential mortgages in the Netherlands. It will finance the new platform through a mix of third-party capital, securitisation and direct investment.

Real estate debt manager Venn Partners has launched a new Dutch-focused mortgage lender and is seeking to lend €2 billion to residential buyers by 2018.

Launched today (21 March), Venn Hypotheken will raise the money through a combination of residential mortgage-backed securities, funds and direct investment.

Gary McKenzie-Smith, managing partner at Venn Partners, told PDI that it has set itself the target of lending between €750 million – €1 billion by the end of this year and €1.5

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