The Commercial Real Estate Finance Council (CREFC) Europe is reaching out to the next generation of the property finance industry with the inaugural event in a young professionals initiative to be held in London this evening (6 July).

M&G Investments, the investment arm of pension fund Prudential, has become the third UK firm in two days to suspend trading in one of its real estate vehicles, reported Real Estate Capital's sister title, PERE.

Canada Life Investments has provided a £33 million long-term loan to the owner of an estate located around the King’s Road in London’s upmarket Chelsea area.

ING Real Estate Finance (REF) has hired a new managing director and head of origination for Germany as it attempts to expand its commercial property lending operation in the country.

IEF Capital, the owner of a portfolio of high street retail properties in the Netherlands, has completed the repayment of more than €1 billion of legacy CMBS debt after refinancing the outstanding €480 million held against the assets.

Standard Life Investments (SLI), the asset management arm of insurer Standard Life, has suspended trading in its £2.9 billion UK property fund, Standard Life Investments UK Real Estate, following a rapid increase in redemption requests since the Brexit vote, Real Estate Capital’s sister publication, Private Equity Real Estate reported.

Deutsche Bank has added to its Spanish real estate debt exposure with the purchase of a portfolio of development loans with a face value of around €400 million.

Deutsche Hypo has led the €64 million financing of an office development project in its home city of Hannover.

BlackRock has launched an alternative income fund targeted at UK defined benefit pension schemes through which it will aim to invest in UK real estate debt.

Lenders are likely to attempt to hike loan margins in the UK real estate lending margin in the short-to-medium term in a bid to price the increased risk of doing business in the wake of the country’s decision to leave the European Union.