European CRE finance industry gets mixed signals on interest rates in the face of the UK’s EU referendum
Loan servicing and advisory firm Solutus has hired Gareck Wilson (pictured) from Brookland Partners as its new head of business development.
Santander Corporate and Commercial Banking has provided a £27 million revolving credit facility (RCF) to real estate investor Picton.
Aareal Bank has provided a €368 million loan to finance a logistics property portfolio in Germany.
The Crown Estate has appointed Kate Bowyer (pictured) as its new chief financial officer. Bowyer will join the property company this autumn from shopping centre developer/investor Intu Properties.
German student housing specialist Deutsche Real Estate Funds (DREF) has raised €63.5 million through the private placement of a euro bond. The bonds have been placed with large German institutional investors, the firm said.
ING Real Estate Finance has completed the syndication of around €525 million of debt across two large European loans which it underwrote earlier this year, Real Estate Capital can reveal.
European logistics specialist Delin Capital Asset Management has completed a €32 million term loan agreement with ING Bank, secured against a distribution warehouse in Waddinxveen in the Netherlands.
Requests for large real estate acquisition loans in the UK market halved during the first quarter of 2016, possibly reflecting the market pause ahead of the referendum on the UK’s membership of the EU, according to debt advisor Laxfield Capital.
Peer-to-peer real estate lender LendInvest has appointed Stephan Wilcke (pictured), the former executive chairman of OneSavings Bank, as senior adviser to its senior management team.