German lender pbb Deutsche Pfandbriefbank has written a €72.5 million loan to finance the recent acquisition of nine French retail parks by a trio of joint venture partners.
JLL has expanded its European debt advisory division into providing structured finance services in a bid to augment its existing debt brokerage practice.
German bank LBBW is to finance Brookfield and China Life’s acquisition of the Aldgate Tower office building on the eastern fringes of the City of London.
Cornerstone Real Estate Advisers Europe has provided an £80 million loan to student accommodation provider Empiric Student Property to refinance a portfolio of UK operating assets.
The future of Britain loomed large amid talk of pricing and competitive pressures. Real Estate Capital's deputy editor, Daniel Cunningham, took the temperature of the European market in Cannes.
The debt capital markets remain a crucial source of finance for Europe’s major REITs, although smaller investors are also exploring bond options, writes Daniel Cunningham in a Real Estate Capital special report.
Commercial real estate lenders were particularly active in Continental Europe during March. Dutch bank ING Real Estate Finance, which was Europe’s most prolific lender in 2015, continued its lending drive. The bank originated a €420 million loan to AEW Europe to finance the French assets within the firm’s €2 billion pan-European Logistis fund.
ING Real Estate Finance Spain and Portugal has provided a €72.5 million loan to GreenOak to refinance a portfolio of Spanish logistics properties.
Colin Throssell, the former head of treasury at TH Real Estate, has replaced Donald Howie as the company’s chief financial officer following Howie’s resignation.
MetLife is preparing to expand its third-party institutional asset management platform to European commercial real estate lending, Real Estate Capital has learned.