John Feeney, who has led Lloyds Bank Commercial Banking's commercial real estate business for four years, has been promoted to acting head of global corporates, with Madeleine McDougall promoted to acting head of the CRE unit.

Cheyne Capital and Crosstree Real Estate Partners have provided funding for a residential-led development in London. The scheme is being managed by special purpose vehicle Harcourt Investments.

Japanese bank Nomura has provided a €104 million loan to European real estate fund manager Aerium to refinance the H20 office building located in Luxembourg.

DRC Capital has provided a £42 million development loan to private equity firm Evans Randall to fund the construction of an office scheme in London’s Midtown.

A high concentration of business in the competitive German market during Q1 2017 resulted in a drop in average gross margins across pbb Deutsche Pfandbriefbank’s lending, from around 170 basis points to around 160 bps.

CBRE has hired Martina Muehlhofer to lead the Italian arm of its Capital Advisors business, as it aims to expand the finance-focussed division across Europe.

Lloyds Bank Commercial Banking has written its first loan to a stand-alone private rented sector residential project, with a financing of a scheme in Birmingham.

ING Real Estate Finance has hired Jessica Bell from Royal Bank of Scotland to join its European syndicated finance team, based in London.

France’s vote for Emmanuel Macron as president will do much to calm European markets, including real estate and those who finance it.

German real estate investor Patrizia Immobilien has raised €300 million of debt finance through the issue of a bonded loan.