Investec Structured Property Finance has provided a £24 million senior development loan to the joint venture developers of a residential scheme in north London.
The founder of niche UK real estate lender Dragonfly Property Finance, Jonathan Samuels (pictured), has launched a property bridging finance provider with the backing of private equity firm Pamplona Capital Management.
Lloyds Bank Commercial Banking has joined forces with the UK government’s Homes and Communities Agency to finance 121 new residential units and associated infrastructure at a scheme in east London.
German bank MünchenerHyp has issued its first mortgage Pfandbrief of the year, raising €500 million.
Natixis and BNP Paribas have written a €250 million loan to finance Data4, a pan-European owner of data centre properties.
UK bank NatWest, which is owned by Royal Bank of Scotland, is to launch an automated commercial real estate lending platform for small-scale loans, which it says will make credit-approved lending decisions within 45 minutes.
Investors remain keen on real estate debt, as recent fund closes, including more than £1 billion for PGIM Real Estate, demonstrate.
Helaba and pbb Deutsche Pfandbriefbank have provided a €177 million loan to developer and investor CTP for the refinancing of CTPark Bor, one of the Czech Republic's largest logistic parks.
Canada Life Investments has provided £108 million of debt finance to CBRE Global Investors across two fixed-rate loans.
Investec Structured Property Finance has provided a £55 million loan to finance a luxury apartment scheme in London’s Chelsea area which is aimed at the retirement market.