Legal & General’s three-year loan to GreenOak demonstrates how insurance companies are laying their roots in unfamiliar territory, writes Daniel Cunningham
A big deal in its native US, real estate debt intermediary HFF has opened in London. Daniel Cunningham examines its potential impact on Europe
The traditional summer slowdown did not seem to to have too detrimental an effect on Europe's real estate finance market, with several deals closed between late June and late August.
The latest figures compiled by our data team show there are 26 Europe-focused debt funds with known targets above €100m currently fundraising.
Advisory services are becoming a more accepted aspect of commercial property markets on this side of the Atlantic, although they lag their heavily intermediated American counterpart.
ICG-Longbow, the real estate debt-focused arm of Intermediate Capital Group, has held a final close of its third senior debt fund on £370 million (€409 million).
Deutsche Asset Management has financed investor NEO Capital's debut UK acquisition, with a £27.6 million loan arranged by advisor HFF on an office scheme in London's Hammersmith area.
Our recent special report on the health of the German real estate lending market laid bare the challenges facing the country’s banks. Driven by their funding model, real estate bankers are under continual pressure to replenish property loans to maintain the pools of assets that back their issuance of Pfandbrief notes; their principle source of […]
UBS Asset Management has fully committed the original £241 million of equity raised for its real estate debt fund, which is managed by Anthony Shayle.
Non-core property debt is being offloaded in innovative ways amid pressure to reduce toxic portfolios.