London-based housing association Hyde has financed itself through a £400 million bond, understood to be the largest long-dated bond to be issued from the sector.
Across many European real estate sectors, prime yields are unlikely to compress much more this cycle.
The latest research from Leicester’s De Montfort University shows the country’s commercial real estate lending was down during 2016, despite a rise after the EU vote. Daniel Cunningham reports.
Timothé Rauly, AXA Investment Managers – Real Assets’ new head of funds group, tells Daniel Cunningham that maintaining the firm’s loan portfolio is his priority.
A mega-RMBS of the financing of Blackstone and Prudential's purchase of a performing buy-to-let residential portfolio from UK Asset Resolution was due to close as Real Estate Capital went to press.
The latest figures compiled by our data team show there are 27 debt funds with known targets above €100m currently fundraising for Europe.
ICG-Longbow has fully realised its value-add real estate debt fund which it launched in 2011 to take advantage of post-crisis lending opportunities in the UK market.
Lenders continued to capitalise on the extended cycle, loan terms became more conservative, and banks remained dominant; De Montfort University’s 2016 UK CRE lending report provided plenty of food for thought.
PGIM Real Estate has raised more than £1 billion for its latest European property debt fund.
Commercial real estate lenders originated 17 percent less debt in the UK in 2016 than in the previous year, the latest lending market survey by Leicester’s De Montfort University shows.