A REIT managed by Invesco has closed a $1.2bn (£908m) commercial real estate (CRE) collateralised loan obligation (CLO).
Invesco Commercial Real Estate Finance Trust (INCREF) said the transaction, named INCREF 2026-FL2, marks its second CRE CLO issuance.
The CLO was structured by Citigroup Global Markets and is backed by a portfolio comprising approximately 65 per cent multifamily loans, 30 per cent industrial loans, three per cent office loans and two per cent self-storage loans.
Read more: Invesco: Private credit offers diversification in an uncertain world
“This issuance underscores the continued momentum of our credit platform and reflects our ability to deploy capital across the commercial real estate credit spectrum,” said Charlie Rose, chief executive of INCREF and global head of credit at Invesco Real Estate.
INCREF is a private, perpetual-life REIT and is part of Invesco Real Estate, which manages $86.3bn in assets. Invesco oversees $2.2tn in assets under management across its wider business.
Read more: Invesco targets private credit demand with new ELTIF
The deal comes after Invesco Real Estate announced this week that it had originated €710m (£612m) of loans across Europe in the first five months of 2026.
