A €720 million Nordic flexible office refinancing, led by US bank Citi, highlights lender appetite for the right properties; Beleaguered UK real estate investment trust Home REIT faces a refinancing problem; Germany’s pbb Deutsche Pfandbriefbank gets behind manager demand for logistics with a €118 million loan deal; and more in today's briefing, exclusively for our valued subscribers.
The firm is delving into the role public and private strategies play in institutional investor portfolios.
The ECB interest rates cut is given a measured welcome by European real estate industry professionals; Spain’s Incus Capital hires with a view to expanding in Germany; LBBW and Delancey’s London refinancing demonstrates lender support for prime offices; and more in today's Term Sheet, exclusively for our valued subscribers.
Brookfield’s Brian Kingston tells just launched affiliate title PERE Credit he sees a huge role for real estate debt going forward; Europe’s real estate industry participants poised for ECB rate cut; Blackstone aims to secure an extension to more securitised Italian retail debt; and more in today's Term Sheet, exclusively for our valued subscribers.
Ares Management expands its European loan book with a £500 million loan in London's West End; Castlelake issues €489 million of debt to help embattled Swedish residential landlord SBB; Blackstone scoops $1 billion of senior commercial mortgages from Germany’s pbb Deutsche Pfandbriefbank; a round-up of the spring conference season reveals pressure building for lenders to resolve stressed situations; and more in today's Term Sheet, exclusively for our valued subscribers.
A major data centres debt deal shows the burgeoning asset class suits infrastructure lenders as well as real estate financiers; German banks demonstrate demand for prime financing deals with the backing of a Hamburg asset; Savills suggests some lenders are prioritising financing volume over return; and more in today's briefing, exclusively for our valued subscribers.
Blackstone is reportedly poised to buy property loans from a German bank in what could prove to be a landmark transaction; Goldman Sachs Alternatives raises $7 billion as it readies for the lending opportunity; Arrow Global makes headway in Spain with a platform acquisition; and more in today's briefing, exclusively for our valued subscribers.
The Southern Europe-focused manager took just five months to reach a final close for the fund, well below the European average.
A trend of institutional investors elevating credit-focused executives is a natural and predictable mirror of what is happening with managers.
A pioneering data centres securitisation demonstrates a broadening of financing options for the growing asset class; Blackstone kicks off the UK’s 2024 CMBS market with an ‘industrial outdoor storage’ deal; Canary Wharf Group secures fresh financing across its London estate; and more in today's briefing, exclusively for our valued subscribers.