Insurance firm Scottish Widows, through its partnership with Lloyds Bank’s Bank of Scotland, has provided a £54 million loan to a Scottish property firm to finance an office scheme in Aberdeen.
HSBC has agreed an extension of two existing loans provided to subsidiaries of the UK’s Local Shopping REIT, which is subject to an ongoing wind-down strategy.
UK shopping centre investor and developer Hammerson has raised £400 million of debt through a US private placement, in what CFO Timon Drakesmith (pictured) said is likely to be the largest such deal by a UK property company.
Venn Partners has launched the first bond to be issued through the UK government-backed Private Rented Sector (PRS) Guarantee Scheme.
US private equity firm Lone Star Funds has held a $5.6 billion final close on its 10th flagship fund, through which it is able to invest in residential real estate debt, Real Estate Capital's sister title, Private Equity International reported.
The signing of a massive development loan for build-to-rent homes next to Wembley Stadium has brought the UK private rented sector back into the spotlight.
Capital & Counties Properties (Capco) has appointed Situl Jobanputra (pictured), formerly finance director for its massive Earl's Court project, as its new chief financial officer to replace outgoing CFO Soumen Das who is joining SEGRO.
PGIM Real Estate Finance has provided a £75.6 million loan to the consortium of South Korean investors which bought Amazon’s new distribution facility in the UK’s East Midlands, Real Estate Capital can reveal.
Pbb Deutsche Pfandbriefbank (pbb) has recorded a slight increase in new business during the third quarter of 2016, with €2 billion of lending, up from €1.8 billion in the second quarter.
Deutsche Hypo has provided a €215 million loan to finance a residential and office portfolio in the German city of Hamburg.