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CBRE Global Investors has sourced a financing of a recent purchase in Milan from French bank Natixis.
Pbb Deutsche Pfandbriefbank has provided €36.5 million to finance the acquisition of four office buildings in Finland in the latest of a series of deals it has recently agreed in the strategically important Nordic markets.
The Conservative government’s failure to secure an outright victory in Thursday’s general election will add to a climate of uncertainty surrounding the UK’s property market, warned lenders and real estate investment managers.
Pbb Deutsche Pfandbriefbank has provided an SEK 410 million (€43 million) loan to recently-launched Swedish investor Logistea to finance its first deal.
Berlin Hyp has issued its second ‘green’ Pfandbrief, representing the German bank’s third green bond issue since 2015.
The use of subscription credit lines by private fund managers has come under scrutiny. Real estate equity and debt fund managers should take note of the discussion.
Bank of China (Hong Kong), HSBC and ING Real Estate Finance have joined forces for a financing of Hong Kong investor CC Land Holdings’ £1.15 billion purchase of the ‘Cheesegrater’ building in the City of London.
London-based loan servicing firm Mount Street, which is led by Paul Lloyd (pictured) and Ravi Joseph, is expanding into the US market with the creation of a subsidiary firm based in Atlanta.
PGIM Real Estate Finance has provided £21.1 million of debt to UK build-to-rent residential developer Fizzy Living to finance two properties in south east London.
Lenders’ appetite to finance UK real estate remains strong, with around 250 organisations willing to provide debt, the audience at Savills’ 29th Financing Property presentation in the City of London heard this morning.
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