Silvia Saccardi
The acquisition financing represents a 56% loan-to-value.
Lenders will ‘become less paternalistic and maternalistic’, said the firm’s head of UK and European commercial research.
The assets consist of two Spanish hotels and one situated in the UK.
The green loan will support the development of two city centre tower blocks.
Redhill Data Centre, in southeast England, is operational with a 26 megavolt amperes capacity.
The German manager also said niche real estate sectors are poised for growth.
The loan, secured against a German designer outlet village, was underwritten by Aareal Bank.
Although managers are keen to write new loans, sources say they are monitoring existing facilities to protect investor capital.
The manager’s seeding of Evermill, a secure income lending platform, signals Delancey is continuing to diversify its strategy.
The office complex has recently been refinanced for more than €600m by a syndicate of French banks.