The Dutch bank found real estate bond issuance hit €19bn through mid-October, beyond the €15bn it expected for all of 2024.
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.
Canary Wharf Group makes progress as it addresses its outstanding debt but has more refinancing ahead of it; Brookfield targets the sale of a large London office tower as a debt deadline looms; Blackstone sources a major refinancing of its iQ Student Accommodation platform; and more in today's briefing, exclusively for our valued subscribers.
German landlord LEG launches a €500 million convertible bond as it addresses debt maturities; Blackstone and Brockton test lender appetite for flexible offices with major refinancing; Sweden’s central bank is keeping its eye on banks’ exposure to real estate companies; and more in today's briefing, exclusively for our valued subscribers.
US manager Blackstone’s granting of a loan extension to private equity firm Henderson Park illustrates the challenges lenders and borrowers are working to solve in today’s market; German manager DWS looks to the US to grow its property lending activities as it makes key hires; the European Central Bank is concerned about lenders’ valuation approach when it comes to real estate; and more in today's briefing, exclusively for our valued subscribers.
German lender Aareal’s latest results provide an insight into market conditions, including for office lending; BNP Paribas’ reported bid for AXA Investment Managers promises to make waves in financial services, including real estate management; Deutsche Bank recoups its capital following a refinancing of Birmingham’s Mailbox; and more in today's briefing, exclusively for our valued subscribers.