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Select Property Group has sourced a £108.9 million (€123 million) loan from a club of lenders to fund the development of a build-to-rent scheme in Manchester.
Societe Generale and HSBC have financed the Generator Hostels portfolio recently acquired by real estate fund manager Queensgate Investments with a €215 million loan.
Lloyds Bank has written an £82 million (€92 million) whole loan to developer Ballymore to bring forward an office building at Embassy Gardens, its regeneration project close to the site of the new US embassy in London’s Nine Elms.
Lloyds Bank Commercial Banking has provided a £50 million (€56.7 million) financing through its Green Lending Initiative to a UK science parks joint venture.
UK-based development finance provider Maslow Capital has completed four financing deals totalling £74 million (€83.8 million), in a move to diversify its loan book.
UK healthcare REIT Primary Health Properties has signed a £75 million (€84.3 million) refinancing facility with Aviva and a £30 million revolving credit facility with Lloyds Bank.
Germany’s HSH Nordbank has provided a €139 million loan to domestic developers Aug Prien Immobilien and DC Developments to fund a residential scheme in Hamburg.
London-based property company Eskmuir has closed an £80 million (€90.1 million) refinancing deal with Royal Bank of Scotland to fund future property acquisitions across the UK.
Oaktree Capital Management has bought a portfolio of non-performing loans with a nominal value of €150 million from Sareb, Spain’s ‘bad bank’.
During the festive period, why not take a moment to have your say on 2017’s top performers in European real estate finance?
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