Lucy Scott
The five-year debt facility has been provided by three of the four lenders that provided a €900m loan against the Paris office complex in 2017.
With interest rate cuts setting the stage, European real estate lenders are gearing up for increased loan origination in 2024, particularly in the acquisition and development sectors.
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.
Real estate specialists say the country’s market needs innovative lending solutions
As senior lending issuance remains muted, the German bank is seeking higher-yielding opportunities via a debt vehicle.
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.
The insurer has secured an 11th-hour extension to a securitised loan after agreeing to provide equity as part of a refinancing package.