City Pride Limited, a vehicle which invests in real estate on behalf of overseas investors, has sourced £320 million of development finance to fund the construction of its Landmark Pinnacle residential tower in London’s Docklands.

A club of four banks has provided a total of €216.3 million of finance to the recently-launched listed Italian real estate investor Coima RES, which will in part fund its maiden purchase of the bulk of Vodafone’s Milan office complex.

Property investor Hansteen has sourced a €145 million loan from ING Real Estate Finance and AXA Real Estate Investment Managers SGP to refinance a portfolio of light industrial assets located in the Netherlands.

ING Real Estate Finance (REF) has provided a €41.3 million loan to the Portuguese retail investor Sonae Sierra to refinance a shopping centre in North West Italy.

Law firm White & Case has beefed up the London arm of its global banking practice with the hiring of real estate finance lawyer Jeffrey Rubinoff (pictured) as a partner with the firm.

Pbb Deutsche Pfandbriefbank has provided a €100 million loan to German investor TAG Immobilien to refinance a residential property portfolio in Germany.

UK bank lending to the commercial property sector is unlikely to be significantly affected by increased capital requirements in the wake of the UK’s vote to leave the European Union, according to a new research paper published by CBRE.

Credit Suisse Asset Management (CSAM), the Class X noteholder in four legacy Titan Europe CMBS deals, has been granted leave to appeal an April High Court judgement which rejected its claim for additional interest in payments due to it.

Three more investment managers today called a halt on redemptions from their open-ended UK real estate funds, bringing the total number of firms with frozen property funds in the wake of the Brexit vote to six.

Falling UK commercial property prices are likely to put pressure on several domestic and Irish banks, although the reduction of their exposure to the sector in the last five years means that their capital provisions have materially improved, according to an analyst report published by JPMorgan Cazenove.