Alicia Villegas
Spanish bank BBVA has sold an 80 percent stake in its domestic real estate business to US private equity firm Cerberus for €4 billion.
The French real estate investment trust Klépierre has raised €500 million through a bond issue.
Unite Group, the UK student housing specialist, has signed unsecured debt facilities totalling £500 million (€565 million) with HSBC and Royal Bank of Scotland.
Global broker CBRE has hired Paul Coates as executive director and head of debt and structured Finance for the EMEA region of its Capital Advisors unit.
UK-based Warehouse REIT has sourced £65 million (€73 million) across two financing facilities from HSBC.
Allianz Real Estate and ABN Amro have written a €300 million loan, which is likely to be the largest single-asset financing in the Dutch office market this year.
Niche UK lender Octopus Property has provided a £31.3 million short-term loan to fund the purchase of a London office portfolio ahead of its conversion into apartments.
LaSalle Investment Management has closed its third mezzanine and whole loan fund on £804 million (€903 million).
Empiric Student Property has signed a £70 million (€78 million) revolving credit facility with Lloyds Bank Commercial Banking to fund future purchases of student accommodation.
German bank Deutsche Hypo has placed its first ‘green’ Pfandbrief, raising €500 million through the issue of a six-year bond with a coupon of 0.125 percent.