AEW Europe and Natixis Asset Management have held a €162 million first close of their second joint European real estate debt fund.
The total value of new commercial real estate loan origination hit a post-crisis high last year as lenders wrote £53.7 billion of new finance, according to the latest De Montfort Commercial Property Lending Report.
UK real estate investment manager Mayfair Capital Investment Management has completed a first close on its second residential debt fund, which will focus on London outside of its "highly valued" central zone.
One way or another, history will be made five weeks from today when the British people vote on whether the UK should remain a member of the European Union. The real estate industry is stocked with opinionated people who no doubt have a range of views on the topic, but the clearest message is this: the referendum is disruptive and a ‘leave’ vote would have little upside.
Starwood Capital has arranged a £158.1 million refinancing of the agency CMBS deal which Varde Partners issued last December to refinance a UK property portfolio.
UK student accommodation developer and manager Unite Group has launched and priced £125 million of bonds issued by the Unite UK Student Accommodation Fund (USAF).
Bank of America Merrill Lynch (BAML) has sold its second European CMBS of the year, with the AAA tranche priced towards the high end of indicative pricing.
More than a third of Loan Market Association (LMA) members who voted in a recent European real estate finance survey said that they believe the property market is at the peak of the cycle.
Bernhard Scholz, the member of pbb Deutsche Pfandbriefbank’s management board with responsibility for real estate finance and public sector finance, will leave the German bank when his current contract ends in April 2017.
German bank pbb Deutsche Pfandbriefbank has financed the purchase by a Munich-based investor of two logistics warehouses in Poland with loans totalling €78 million.