Federico Montero, the former head of European loan sales for Cushman & Wakefield, has joined independent investment banking firm Evercore to lead its European real estate portfolios solutions team.
Some German bankers argue that loan margins are reaching a floor, although few can guess when they will rise, writes Daniel Cunningham.
Banks are increasingly adopting originate-to-syndicate models, although big-ticket financings are less frequent than during 2015, writes Daniel Cunningham.
There was noticeably more activity on the continent than in the UK ahead of the 23 June EU referendum vote as Real Estate Capital went to press.
The news that a prominent Singaporean bank has placed a moratorium on new mortgages for customers buying London homes indicates that there will be further pressure on the prime residential sector in the UK capital in the wake of the Brexit vote. UOB (United Overseas Bank), which is based in Singapore, has said that it will temporarily […]
Allianz Real Estate France has provided a €225 million long-term loan to listed property firm Icade to refinance a business park on the outskirts of Paris.
Lone Star and JP Morgan have struck a deal to buy the Dutch ‘bad bank’ Propertize for €895.3 million, representing the largest sale of legacy real estate loans in the Netherlands to date.
Pbb Deutsche Pfandbriefbank has provided a kr275 million (€29.2 million, £24.3 million as at 28 June) loan to a fund managed by Standard Life Investments to finance its acquisition of a Swedish retail park.
Lloyds Bank Commercial Banking, Wells Fargo and PGIM Real Estate have teamed up for a £169 million financing of the student accommodation arm of a Manchester-based property developer.
UK real estate finance market players have reacted to the country’s historic vote to leave the EU with a mixture of shock and bewilderment, but also resolve. Outwardly, many in the overwhelmingly pro-EU industry have expressed a ‘keep calm and carry on’ message in the face of the inevitable economic uncertainty which has gripped the […]