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Lucy Scott

Michael Zerda was among Europe’s first cohort of private real estate debt managers. Over a decade on, he considers the future of debt and equity structures.
As senior lending issuance remains muted, the German bank is seeking higher-yielding opportunities via a debt vehicle.
European Central Bank
The central bank says valuations should reflect the current market downturn and lack of transaction activity.
The finance director of the UK company’s investment adviser said diversifying its debt is a ‘natural’ next step.
The ‘significant’ capital injection allows Quintain to finalise the latest phase of the 85-acre estate.
The chief executive of the Frankfurt-headquartered bank said he has not seen the recovery in 2024 he had expected.
Aldgate Tower
The insurer has secured an 11th-hour extension to a securitised loan after agreeing to provide equity as part of a refinancing package.
The political crisis following an unexpected election will deter investors for now, say market participants.
The first interest rate cut in the euro area has not changed the lending rate outlook for real estate.
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