In Ireland, Morgan Stanley provided fresh finance for the 1.2 million square foot Blanchardstown shopping centre near Dublin, following its purchase in June by Blackstone.
The mood of the European property finance market was tested this week on London’s Pall Mall, as Real Estate Capital held our third Finance Forum: Europe. Professionals from an array of organisations joined us in the Georgian splendour of the Institute of Directors to discuss the big questions facing the industry.
A market for non-performing real estate loans could emerge in Greece in the coming year, suggested panellists at Real Estate Capital’s Finance Forum: Europe 2016 this morning (28 September).
The volume of capital from lenders aiming to finance real estate has dropped "significantly" in the wake of the UK's vote to leave the EU, delegates at Real Estate Capital's Finance Forum: Europe 2016 heard yesterday.
European real estate lenders are exercising caution, although the property cycle has not yet reached its peak across Europe, delegates at Real Estate Capital's Finance Forum: Europe 2016 heard this morning (27 September).
French real estate investment trust Gecina has placed a €500 million bond at the lowest ever coupon that it has ever achieved for a bond issue.
Capital & Counties Properties (Capco), the listed central London-focussed developer and investor, has raised £175 million through a US private placement.
German banks provided new domestic commercial real estate financing volumes of €22 billion during the first half of 2016, up 11 percent from the same period last year, according to research released by JLL.
CarVal Investors, in a joint venture with Arrow Global, has agreed to buy a Dutch mortgage bank subsidiary of Rabobank with a €1.7 billion real estate loan portfolio.
UK REIT LondonMetric, led by chief executive Andrew Jones, has raised £130 million through a private placement with four UK and US institutional investors.