AXA Real Estate Investment Managers has raised an additional €180 million for its pan-European debt fund, Commercial Real Estate Senior 1. The vehicle has drawn total equity worth €530 million, following the €350 million raised in January 2011.

AXA’s debt program has now reached €2.7 billion. CRE1 is advised by AXA Real Estate’s regulated entity, AXA REIM SGP, and is expected to close before the summer of 2011.

Click here for the release from AXA Real Estate.