Jane Roberts
New policies since the global financial crisis have created “silos” which have limited the ability of regulators to maintain an overview of their regulations’ effects on the European commercial real estate debt market says a paper published today. CRE Debt in the European Economy 2016 is aimed at Europe’s policymakers and - Brexit vote notwithstanding - is the first piece of joint work on the debt markets put out by a coalition of UK and European associations
UK financial markets were in shock this morning after the UK’s 52 to 48 percent vote in favour of leaving the European Union.
A markets rally in the immediate run-up to the vote was reversed, with the FTSE and sterling falling sharply, and swap and gilt rates down.
UK regional mall owner Intu Properties has arranged a new bridging loan with its existing lenders for its £410 million acquisition of the remaining 50 percent of Merry Hill that it did not already own.
Park Plaza hotels owner-operator PPHE Hotel Group has refinanced its six Dutch hotels and two more in London with long-standing lending partner Aareal Bank.
International banks feel the allure of US lending opportunities as European market slows Plenty has been said about the slowdown in European transaction activity this year, a confluence of investor caution about historically low yields in certain markets, and next week’s EU referendum in the UK. It’s interesting, therefore, to check in with the European bank […]
London residential specialist Mount Anvil has sourced £70 million of debt for its next development scheme in the capital with Royal Bank of Scotland.
RBS is providing the loan for Hampstead Manor, the former King’s College London student residence at Kidderpore Avenue in Hampstead which Mount Anvil bought last year.
The Investment Property Forum has commissioned a trio of UK researchers to investigate how the sources of debt for real estate have changed since the onset of the global financial crisis in the UK and overseas.
HSBC’s UK head of real estate finance, Shripal Shah, is joining JC Rathbone Associates to help beef up the firm’s real estate debt advisory business.
M&G Real Estate Finance, one of the leading European institutional debt fund lenders, has seen a significant fall-off in lending in 2016.
ING has backed international investor The Olayan Group, underwriting a $570 million bridge loan for the Middle Eastern family office’s acquisition of the Sony Building in Manhattan.