REC staff
Total fees paid to unwind complex CMBS deals can be massive, but advisers’ rewards vary greatly
Bond holders’ reluctance to reveal their hands makes restructurings tricky, reports Lauren Parr
The $1.15bn merger will add third-party fund management strength to CBREi in Europe and Asia
Beefed up origination team will ready bailed-out bank for sale or flotation
Eurohypo has syndicated £142.5m of debt to Axa in three separate deals this year. The latest involves the transfer of £50m of the £230m, five-year debt facility Eurohypo jointly supplied with Deutsche Bank for Schroders’ WELPUT fund in January. Before that it sold 25% of the debt it lent for Evans Randall’s £242.5m purchase of […]
Lauren Parr profiles some of the advisers that took roles in recent property debt restructurings
UK market overview The Jones Lang LaSalle Balanced Fund Index showed a 1.07% monthly increase in February, reflecting a 1.8% increase over the past 12 months – the first positive 12-month figure for some time, writes Julian Schiller. Taking into account secondary market pricing, the index has moved closer to par, at -6.39% for the […]
In future, investors are only likely to accept certain fees if managers work harder to earn them
Having reinvented itself as a commercial property lender, the German bank hit the UK just as
others were retreating, helping it to almost double its loan book last year. Jane Roberts reports
The IPD UK Annual Index showed a 3.5% property return for 2009, but post-2010 pricing reflects fears that recovery will falter CBRE-GFI market commentary The pricing of future property risk has been remarkably stable in recent months, with the derivatives market expecting income return to be the main form of growth in the coming years, […]