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Silvia Saccardi
Hotel Marjan is set for a modern revival under Maistra Hospitality Group, backed by a €200m sustainability-linked loan from the IFC.
The senior debt held against the Spanish shopping centre is due to mature in March 2025.
A syndicate of Spanish banks partially replaced the Spanish developer’s bond debt with a floating rate loan earlier this month.
Fora's refinancing was partially provided by a CMBS underwritten by Bank of America.
The €499m bond, due to mature in October, was restructured with the help of a €100m loan from majority shareholder Apollo.
The subordinate loan was part of the €720m refinancing led by US bank Citi of Finnish flexible office operator Technopolis.
The loan, for Dundrum Town Centre, replaces an existing €570m facility due to mature in September.
The £85m loan from NatWest will replace existing construction debt from Oaktree Capital Management.
The country leads European student accommodation investments, while having the lowest bed provision rate on the continent.
The unsecured £50m facility will be used for the development of 25,000 new homes over the next 10 years.