German mortgage bank MünchenerHyp wrote €901.5 million of new commercial property lending in the year to 30 September 2016, down from around €1.3 billion in the same period last year.
Industrial property investor/developer SEGRO, as venture adviser to the SEGRO European Logistics Partnership (SELP), has launched a bond issue and agreed a new credit facility in order to refinance existing debt.
JC Rathbone Associates (JCRA), the debt advisory and hedging specialist, has agreed a new debt capital markets (DCM) collaboration with independent corporate broking house Peel Hunt.
New lending to UK commercial real estate dropped by 13 percent during the first half of 2016, reflecting the slowdown in investment activity across the market, the latest De Montfort University report on commercial property lending shows.
UK property company Shaftesbury has turned to the bond market to raise £285 million of capital.
Amsterdam-based fund manager Amvest has refinanced its Dutch residential property fund with a €700 million facility provided by three banks.
The investment management arm of French insurance firm AXA is raising follow-on capital for its real estate lending strategy, Real Estate Capital has learned.
The majority of European real estate lenders remain willing to finance UK commercial property despite the country’s Brexit vote, according to new research by Cushman & Wakefield, which also showed that margins have increased and loan-to-value (LTV) ratios have dropped across Europe.
Despite challenging market conditions, a diverse array of organisations continues to provide finance to the European property sector. Real Estate Capital’s roll call of the most active lenders in European property finance today once again demonstrates the weight of capital available in the market.
Real Estate Capital’s Top 40 European Lenders shows that the most active in the sector intend to stay the course, but the lending game has become more challenging, writes Daniel Cunningham