Core Capital-owned Brasserie Bar Co has sourced a £23 million debt refinancing from OakNorth Bank and ESO Capital to fund its expansion across the UK. The funds will enable Brasserie Bar Co, the parent group of casual dining brands Brasserie Blanc and the White Brasserie Company, to open 24 new sites over the next five […]
Lloyds Bank Commercial Banking, through its partnership with group insurer Scottish Widows, has provided a £55 million loan to UK real estate investment trust LXi REIT. The 12-year loan has been arranged at a fixed all-in rate of 2.93 percent a year, and reflects a loan-to-value ratio of 30 percent. The REIT said the cost […]
The growth rate in new German commercial property finance business halved during 2016 to 10 percent and is set to decrease to 5 percent this year, the latest German Debt Project Report has shown.
Romania's Globalworth Real Estate Investment has raised €550 million through a bond issue to further expand its presence in the central and eastern Europe market, with a focus on Poland.
Property developer Apsys has sourced a €260 million loan to refinance Posnania, its recently opened shopping centre based in Poznan, Poland's fourth largest city.
French real estate investment trust Gecina has raised €1.5 billion through a bond issue, which will partially refinance a bridge loan it used to acquire local property investor Eurosic.
A diverse mix of lenders is willing to finance a broad range of property across the UK, although the leverage and pricing they are prepared to offer varies significantly, new research from Capita Real Estate Finance has shown.
Spain’s Banco Santander is planning to sell the property exposure of the recently-purchased Banco Popular at a discount of up to 40 percent, according to Spanish news agency Europa Press.
Legal & General has completed a £24.5 million, seven-year bilateral loan to Citygrove, which the firm's head of real estate lending, Ashley Goldblatt (pictured) said shows the insurer's ability to provide shorter-term finance.
Pbb Deutsche Pfandbriefbank and Deutsche Asset Management have joined forces to provide a £69 million refinancing of a mixed-use block on London’s Savile Row.