The private equity firm purchased the portfolios for an undisclosed amount from two separate Italian securitisation vehicles majority-owned by GE Capital Real Estate and Royal Bank of Scotland respectively.
Lloyds Bank Commercial Banking’s commercial real estate teams wrote £9 billion of new loans during 2015 as the UK clearing bank continued to increase its lending to the sector.
Last week, Bank of America Merrill Lynch (BAML) applied the paddles to the flat-lining European CMBS market. The investment bank launched a deal which has the potential to get the blood pumping around Europe’s commercial mortgage securitisation market once again. There haven’t been many signs of life since last September, when volatility in the capital […]
The portfolio which once secured Europe’s first defaulted CMBS has a new capital structure, writes Daniel Cunningham.
Deutsche Hypo is aiming to establish itself among the leading German mortgage banks by sticking to its core markets. Daniel Cunningham discusses its strategy with head of origination Thomas Staats.
Among February’s largest continental European deals was a €341 million financing of Blackstone’s purchase of the 1 million square foot logistics portfolio of Austria’s Immofinanz.
UK student accommodation owner and operator Empiric Student Property has opted for a £40 million long-term loan from Canada Life to finance a portfolio of four forward-committed properties.
Real Estate Capital can reveal the winners of its second annual awards, recognising the leading organisations and the stand-out deals in the European and US real estate debt markets during 2015.
ING Real Estate Finance has provided €85 million of fresh debt to Italian property company Forumapulia to refinance a shopping mall near the southern Italian city of Bari.
Kennedy Wilson Europe Real Estate (KWE) plans to concentrate its non-performing loan investment activity on the "lender friendly" UK and Irish markets, with Spain and Italy predicted to be less of a focus for the firm.