Schroders Capital grows real estate debt footprint in Europe with latest construction loan for major mixed-use project in Sweden
Schroders Capital’s Private Debt & Credit Alternatives (PDCA) team has closed a €77 million construction whole loan to finance a mixed-use development in Barkarbystaden, Greater Stockholm.
Schroders Capital’s Private Debt & Credit Alternatives (PDCA) team today announces the successful close of a €77 million construction whole loan for the development of a mixed-use real estate scheme in Barkarbystaden, Järfälla municipality, Greater Stockholm.
The loan will support the delivery of 377 homes, commercial units, and a 144-space underground car park, underscoring Barkarbystaden’s position as one of Northern Europe’s largest and fastest-growing urban development areas.
The transaction is structured as a club deal managed by Kinnerton Capital, acting as local credit manager, with co-investment from Schroders Capital alongside Kinnerton advised funds. The project will deliver high-quality, socially sustainable housing and commercial facilities. In line with Kinnerton’s responsible investment framework, it will meet Article 8 SFDR requirements and carry a Swedish Svanen environmental classification[1].
Barkarbystaden is due to home 30,000 new residents and thousands of new service-sector jobs in modern and innovative office environments, as well as a new metro station adjacent to the project which is scheduled for completion by the end of 2027. The development is being delivered by Titania Holding AB, a public company listed on Nasdaq First North with a strong track record in Swedish residential development.
Schroders Capital’s PDCA team continues to expand its European commercial real estate (CRE) debt lending footprint across the Nordics, Germany, and the Netherlands; this latest funding follows a string of transactions this year, most recently a senior construction loan for 133 townhouses in Denmark as well as a mezzanine loan on a residential complex in Greater Copenhagen. It also marks the third CRE loan sourced by Kinnerton for Schroders Capital’s strategies that incorporate pan-European Real Estate Debt.
This bolsters Schroders Capital’s global CRE debt portfolio which includes over $2.4 billion in CRE loans.
The loan will support the delivery of 377 homes, commercial units, and a 144-space underground car park, underscoring Barkarbystaden’s position as one of Northern Europe’s largest and fastest-growing urban development areas.
The transaction is structured as a club deal managed by Kinnerton Capital, acting as local credit manager, with co-investment from Schroders Capital alongside Kinnerton advised funds. The project will deliver high-quality, socially sustainable housing and commercial facilities. In line with Kinnerton’s responsible investment framework, it will meet Article 8 SFDR requirements and carry a Swedish Svanen environmental classification[1].
Barkarbystaden is due to home 30,000 new residents and thousands of new service-sector jobs in modern and innovative office environments, as well as a new metro station adjacent to the project which is scheduled for completion by the end of 2027. The development is being delivered by Titania Holding AB, a public company listed on Nasdaq First North with a strong track record in Swedish residential development.
Schroders Capital’s PDCA team continues to expand its European commercial real estate (CRE) debt lending footprint across the Nordics, Germany, and the Netherlands; this latest funding follows a string of transactions this year, most recently a senior construction loan for 133 townhouses in Denmark as well as a mezzanine loan on a residential complex in Greater Copenhagen. It also marks the third CRE loan sourced by Kinnerton for Schroders Capital’s strategies that incorporate pan-European Real Estate Debt.
This bolsters Schroders Capital’s global CRE debt portfolio which includes over $2.4 billion in CRE loans.
Daniel Younis, Head of European Real Estate Debt, Schroders Capital, said:
"We are delighted to partner with an outstanding sponsor and excellent co-lenders on this transformative project supporting Stockholm's suburban growth. Following several successful deals in the European CRE debt space this year, we’re delighted to build momentum and further grow our presence in the region; this transaction exemplifies our commitment to bolstering housing supply in underserved markets, while expanding our footprint in the Nordics.
“The development’s focus on quality, sustainability, and community are important value drivers – enabling the opportunity to deliver attractive risk-adjusted returns for our investors alongside positive social outcomes.”
Schroders Capital’s PDCA was formed in 2023 through a combination of our businesses across real estate debt, infrastructure debt, liquid alternative credit, and specialty finance. The division, co-led by Michelle Russell-Dowe and Stephan Ruoff, oversees US$38.5 billion in assets under management with more than 100 investment professionals[2].
For further information, please contact:
To view the latest press releases from Schroders visit: Media Centre | Schroders global
Schroders Capital
Schroders Capital provides investors with access to a broad range of private market investment opportunities, portfolio building blocks and customised private market strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customised private market mandates.
The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterised by performance, collaboration and integrity.
With $111 billion (£81 billion; €94.5 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).
*Assets under management as at 30 June 2025 (including non-fee earning dry powder and in-house cross holdings)
Schroders plc
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £776.6 billion (€906.6 billion; $1064.2 billion) of assets under management at 30 June 2025. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 5,800 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Principal Shareholder Group continues to be a significant shareholder, holding approximately 44% of the issued share capital.
Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.
Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.
About Kinnerton Capital
Kinnerton is a leading provider of real estate development finance across the Nordics, with more than €1.6 billion in loans financed since inception. The firm combines deep market insight with disciplined execution to create long-term value for investors and communities.
[1] An environmental labelling scheme certifying that a product or service complies with the requirements for the label, also known as the Nordic Swan Ecolabel
[2] As at 30 June 2025
Schroders Capital provides investors with access to a broad range of private market investment opportunities, portfolio building blocks and customised private market strategies. Its team focuses on delivering best-in-class, risk-adjusted returns and executing investments through a combination of direct investment capabilities and broader solutions in all private market asset classes, through comingled funds and customised private market mandates.
The team aims to achieve sustainable returns through a rigorous approach and in alignment with a culture characterised by performance, collaboration and integrity.
With $111 billion (£81 billion; €94.5 billion)* assets under management, Schroders Capital offers a diversified range of investment strategies, including real estate, private equity, secondaries, venture capital, infrastructure, securitised products and asset-based finance, private debt, insurance-linked securities and BlueOrchard (Impact Specialists).
*Assets under management as at 30 June 2025 (including non-fee earning dry powder and in-house cross holdings)
Schroders plc
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £776.6 billion (€906.6 billion; $1064.2 billion) of assets under management at 30 June 2025. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 5,800 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Principal Shareholder Group continues to be a significant shareholder, holding approximately 44% of the issued share capital.
Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.
Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority. For regular updates by e-mail please register online at www.schroders.com for our alerting service.
About Kinnerton Capital
Kinnerton is a leading provider of real estate development finance across the Nordics, with more than €1.6 billion in loans financed since inception. The firm combines deep market insight with disciplined execution to create long-term value for investors and communities.
[1] An environmental labelling scheme certifying that a product or service complies with the requirements for the label, also known as the Nordic Swan Ecolabel
[2] As at 30 June 2025
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Fund manager
Schroders Greencoat LLP
London, United KingdomSchroders Greencoat is a specialist investment manager dedicated to renewable infrastructure, with over £8.5 billion under management. We aim to provide strong risk-adjusted returns for our investors, while also delivering positive environmental outcomes.
Founded in 2009, Schroders Greencoat has built a reputation for unwavering delivery of our investment propositions, as well as for innovation – our offerings have become the model for an entire industry sector. Our investments span the globe, with local expertise in the Europe, the UK and the US, and are managed across a range of publicly listed vehicles*, private market pooled funds, co-investment vehicles and Separate Managed Accounts.
Renewable infrastructure is a multi-trillion dollar global sector that will grow by more than $100 billion a year over the next decade. Utilities, energy companies and infrastructure developers will build out the majority of this transition, but the scale of capital involved will require significant private financing. There exists a very large and growing pool of capital which is keen to own and operate these assets, but lacks the inhouse technical skills and sector expertise to manage the investments independently. Our purpose is to bridge this gap, by acting as a solution provider for investors, and providing the partnership, financial, technical and operational expertise to deliver secure incomes for our clients.
Acquired by Schroders plc in 2022, Schroders Greencoat is the fourth pillar of the group's private markets investment business, Schroders Capital. Schroders Capital through Schroders Greencoat has the ambition to become a global leader in infrastructure and the alternative investment industry more broadly.
* Schroders Greencoat is the investment manager for two listed vehicles, Greencoat UK Wind PLC and Greencoat Renewables PLC.
infrastructure
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