Rate pauses from central banks, including the Bank of England, prompt relief among property professionals; US-based Ardent Companies views an opportunity in UK real estate lending; German bank Helaba’s move into private debt hints at further plans for real estate credit; and more in today's briefing, exclusively for our valued subscribers.
Logistics developer CTP’s latest loan demonstrates how managers are tackling the climate crisis; Blackstone’s Stephen Schwarzman has high hopes for the firm’s debt business; KKR sets out to raise another global credit fund; and more in today's briefing, exclusively for our valued subscribers.
Bain Capital’s move to launch a dedicated European real estate credit strategy demonstrates the appeal of the asset class; Quintain secures a major refinancing amid tough market conditions; Cromwell’s latest loan shows sustainability is playing a growing role in property loans; and more in today's briefing, exclusively for our valued subscribers.
CPI Property Group takes on a €635 million bridge loan amid a deleveraging drive; Bain Capital increases its exposure to Greece’s non-performing loans market; CBRE makes a living sectors capital markets hire from rival JLL; and more in today's briefing, exclusively for our valued subscribers.
AEW’s latest forecast reveals a €93 billion refinancing shortfall for key European markets; Arrow Global doubles down on property lending with its full purchase of Maslow Capital; Aareal closes latest hotel deal in Copenhagen; and more in today's briefing, exclusively for our valued subscribers.
German banks’ results hint at the challenges real estate markets are presenting for them; Spanish banks are reported to be preparing to sell non-performing loans; Evergrande’s Chapter 15 bankruptcy filing provides a reminder of China’s ailing economy; and more in today's briefing, exclusively for our valued subscribers.
WeWork’s Q2 earnings call provides a concerning update; Italian credit specialist Prelios to be sold; Patrizia sources a major office refinancing in Frankfurt; and more in today's briefing, exclusively for our valued subscribers.
Vonovia reports €2.7 billion in asset value declines despite rental business growth; Patrizia sets sights on a €300 million fundraise for its second credit investment vehicle; Precede's Daljit Sandhu steps down as chief operating officer; Scope Ratings warns of further pressure ahead for property companies; and more in today's briefing, exclusively for our valued subscribers.
US bank lenders will face stricter capital requirements with proposed regulatory changes.
A short supply of purpose-built student accommodation in the country is driving appetite.