Park Street Advisors, the private equity firm founded by former RBS banker Pradeep Pattem (pictured), has formed a joint venture with value-add real estate specialist Around Town to buy the remaining properties which secured a loan within the legacy DECO 15 – Pan Europe 6 CMBS.

Pbb Deutsche Pfandbriefbank and HSBC have jointly provided a €117 million development loan to Valad Europe’s Valad Polish Retail Fund to finance development and refinance existing debt relating to the Janki shopping centre in Warsaw.

ING Real Estate Finance, Credit Agricole CIB (CACIB) and UBI Banca have provided €100 million to refinance a designer outlet mall in Rome which they had originally financed in 2010.

Finnish real estate investment company Sponda has agreed to syndicated credit facilities totalling €600 million from a club of Nordic and German banks.

The two banks, which previously financed the 14-storey Defense Plaza in 2011, undertook the latest refinancing on behalf of the building’s owners, Northwood Investors and Beacon Capital Partners.

ING Real Estate Finance has provided a €46.7 million loan to TH Real Estate to refinance a recently-purchased retail park in the Italian city of Bologna.

Ireland’s National Asset Management Agency (NAMA) has selected Oaktree Capital Management to buy two portfolios of non-performing real estate loans with a combined face value of €4.7 billion ($5.3 billion).

HSH Nordbank’s new business was significantly boosted by €4.5 billion of real estate lending during 2015, a year in which the EU and Germany provisionally agreed a restructuring plan for the state-owned bank.

Pbb Deutsche Pfandbriefbank has provided more than €150 million of finance to fund the redevelopment of a vacant office tower complex in Frankfurt into high-end apartments and a luxury hotel.

TH Real Estate has struck a deal with two South Korean insurance companies to invest in UK commercial real estate debt.