With 2017 well underway, Daniel Cunningham examines the key factors affecting the region’s real estate lending.
The volume of syndicated real estate loans fell sharply between 2015 and 2016, according to Dealogic’s latest figures. Daniel Cunningham reports.
DekaBank’s real estate boss Anni Hönicke tells Daniel Cunningham why the German bank will continue to target large, prime deals, despite Brexit, European elections and Donald Trump.
UK occupiers have tested Dublin for potential Brexit-related relocations, but is there enough financial liquidity to support subsequent real estate market activity? Daniel Cunningham reports.
In the French market, DekaBank was lined up to provide a €290 million financing of the purchase of So Ouest Plaza, L’Oreal’s Paris HQ, for a consortium of Korean investors which are in the process of buying the property.
The latest figures compiled by our Research & Analytics division show there are 26 debt funds in the European market with known total targets targeting €100 million-plus, seeking more than €15 billion between them.
German bank MünchenerHyp has provided a €64 million loan to an open-ended fund managed by Aviva Investors and LaSalle Investment Management for the purchase of a Paris office building.
Deutsche Bank and alternative advisory firm Tyndaris have provided an €80 million refinancing of a five-star Italian resort through a private securitisation.
TH Real Estate has sourced a €240 million (£205 million) loan to refinance four London office properties, which completes an overall €470 million refinancing of the pan-European Cityhold Office Partnership (CHOP) portfolio.
Pbb Deutsche Pfandbriefbank has provided a €50 million loan to a vehicle managed by private investment company Ardian.