Jane Roberts
UK developer Essential Living has raised £60 million of development finance from Royal Bank of Scotland and HSBC for its Creekside Wharf residential scheme in London.
Andrea Pittaluga of Lloyds has joined CBRE Capital Advisors as a senior director, as part of the continued expansion of CBRE’s debt and structured finance business.
Henderson Park, the new European private equity real estate firm targeting equity and debt run by one-time Mount Kellett co-founder Nick Weber, has made two hires.
HSBC and the government’s Homes & Communities Agency are providing one of the largest loans this year for PRS development in UK regional cities.
Opportunistic investor Henderson Park has financed last month’s debut acquisition of Paris’s largest hotel with a €200 million loan from Natixis.
Developers across the European and US real estate markets sourced finance during 2016 to bring their schemes to reality. Jane Roberts, Daniel Cunningham, Al Barbarino and Justin Slaughter examine some of the key deals.
UK banks are in much better shape to withstand a property crash than they were in 2007-2008 according to the latest Bank of England stress tests. UK banks would suffer impairment rates on their real estate loan books of about half those experienced in the financial crisis, and impairment charges of under a third as […]
CREFC’s autumn conference saw the trade body’s leading figures from both sides of the Atlantic ponder the fallout from the presidential election.
German pension fund Bayersiche Versorgungskammer (BVK) is ramping up its investment in real estate debt via a €750 million investment mandate awarded to Deutsche Asset Management.
The first circa £700 million of debt capital for the private rented sector (PRS) from the UK government’s £3.5 billion guarantee scheme has been approved.