Alicia Villegas
Political turmoil has caused unease in the commercial real estate sector, although some are still prepared to lend in the country.
The US-headquartered bank has provided a seven-year facility split between a £50m term loan and a £90m revolving credit facility.
The real estate fund management firm has sourced a facility financing 65% of the cost of the acquisition plus a capex loan.
The pair’s Senior European Loan Fund II is 80% invested, with full deployment targeted for September.
The pair’s Senior European Loan Fund II is 80% invested, with full deployment targeted for September.
Amid warnings of ‘enormous complacency’, deepening gloom on the UK’s high streets should encourage lenders to adjust their strategies.
With the firm’s CRE Senior 10 fund 60% deployed, AXA is considering options for its successor vehicle, according to its head of funds group.
The private lender has provided an £83m loan to the Asian investor, which has secured a freehold deal for the ‘high-quality asset’.
The UK property debt specialist has provided £40m of debt financing from its first commingled fund.
The UK-based lender has written a £59.8m loan to develop New Horizons Court in Brentford.