Legal & General Investment Management has provided a three-year property loan, hinting at an increased appetite from the insurer to provide loan terms more typically associated with banks.
LaSalle Investment Management has written its first loan in the Spanish market, financing the purchase of a student housing portfolio for sector specialist GSA.
Measures to monitor long-term asset value could help prevent boom and bust in real estate finance.
Private equity group Terra Firma, which is chaired by founder Guy Hands, has closed a £4 billion refinancing of its UK housing platform, the Annington Group, through a combination of fresh debt and equity.
The peaks in the last two real estate cycles were predictable and lenders could have avoided massive losses if long-term asset values had been adequately monitored, a group of senior industry figures has concluded.
Germany’s Pfandbrief banks are commercial real estate financing machines, propelled by momentum that shows no signs of abating.
Fresh from raising a third wave of capital for its lending strategy, LaSalle Investment Management debt boss Amy Aznar tells Daniel Cunningham that the market still needs those willing to provide higher leverage.
The latest figures compiled by our data team show there are 27 debt funds with known targets above €100m currently fundraising.
The landmark deal in the UK market saw Hong Kong investor CC Land source a three-bank financing of its £1.15 billion purchase of The Leadenhall Building in the City of London, better known as the Cheesegrater.
French property developer and investor Altarea Cogedim has issued its inaugural bond, raising €500 million.