German mortgage bank Berlin Hyp has written a €510 million loan to refinance a commercial real estate portfolio of multifunctional rental spaces in Berlin.

Cushman & Wakefield has hired Maud Visschedijk and Maarten De Jong from CBRE to join its real estate finance unit in the Netherlands.

German property investor Demire (Deutsche Mittelstand Real Estate) has raised a further €130 million of its unsecured corporate bond, which was originally issued in July this year.

The €370 million senior loan provided in August to refinance the landmark Warsaw Spire office complex illustrates that German banks are determined to lend in Poland, despite market challenges.

French fund manager ACOFI has launched its fifth property debt fund, with a fundraising target of €600 million by July 2018.

The asset management giant has appointed the former HPI executive as portfolio manager with the real assets division.

The investment management arm of French insurance firm AXA has closed its 10th property debt fund with €1.5 billion raised.

Christian Bearman (pictured) has resigned as CEO of the European business at Situs to seek opportunities outside the firm.

Allianz Real Estate has participated in a £212 million (€235 million) majority stake in the senior debt financing of 55 Baker Street in London.

Europa Capital has launched a debt vehicle with commitments of £100 million (€110 million) to invest in UK commercial real estate, with a focus on regional markets.