REC staff
The financing of real estate takes a prominent position in discussions at COP29; Blackstone remains Europe’s largest CMBS sponsor with its latest deal; DWS sounds a positive note about lending; and more in today's briefing, exclusively for our valued subscribers.
Amid a relatively slow loan sales market, re-performing loans have changed hands in Iberia; US manager Kennedy Wilson highlights property lending as it discusses this year’s performance to date; real estate finance is on the agenda as the COP Summit gets underway in Baku; and more in today's briefing, exclusively for our valued subscribers.
Donald Trump’s US election success spells uncertainty for the macroeconomic and geopolitical backdrop; Fortress sees opportunity in Germany’s dislocated lending market; an optimistic note was struck at CREFC Europe’s Autumn Conference; and more in today's briefing, exclusively for our valued subscribers.
Manager AEW has good and bad news about Europe's refinancing crisis; DRC Savills Investment Management raises €200 million for the first-close of a pan-European whole loan debt vehicle, including general credit investors; time to enter Real Estate Capital Europe’s 2024 Awards; Invesco feels positive as lending activity increases; and more in today's briefing, exclusively for our valued subscribers.
Newcore Capital's loan from HSBC demonstrates lender support for social infrastructure real estate; Goldman Sachs Asset Management’s outlook on the interest rate and real estate environments provides positive notes; Real Estate Capital Europe’s 2024 awards are due to be launched with a significant change to how the winners are determined; and more in today's briefing, exclusively for our valued subscribers.
The latest Bayes Business School report on the UK financing market shows lenders are competing hard for the best deals; developer Redevco targets the lending market with a key hire from LaSalle Investment Management; PERE Deals launches to shed light on the capital behind the transactions; and more in today's briefing, exclusively for our valued subscribers.
A relatively optimistic tone was set at the Expo Real gathering in Munich this week, as market participants reported easing conditions; Germany’s pbb Deutsche Pfandbriefbank rethinks its strategy to focus on high-value sectors; US manager Greystar’s major financing by a consortium of banks demonstrates lender support for UK build-to-rent; and more in today's briefing, exclusively for our valued subscribers.
The latest European CMBS deal reflects lender and sponsor appetite for logistics real estate; Invesco’s largest European real estate loan so far puts it on course for a record year; former Bank of England governor turned Brookfield Asset Management chair Mark Carney warns on real estate obsolescence; and more in today's briefing, exclusively for our valued subscribers.
A third rate cut in Sweden this year has hopes high for a continued recovery in the country’s real estate transactions market; UK manager M&G aims to gain ground in continental Europe; logistics developer Panattoni’s latest borrowing deal sets the scene for a UK speculative development drive; and more in today's briefing, exclusively for our valued subscribers.
Real Estate Capital Europe’s Active Lenders 2024 process kicks off with a call for submissions; a circa €600 million refinancing of the landmark Coeur Défense office complex in Paris demonstrates lender support for trophy assets in the sector; Starwood’s aim to secure an extension to a securitised Spanish loan highlights borrowers’ negotiations with creditors amid challenging market conditions; and more in today's briefing, exclusively for our valued subscribers.