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The bank has provided £230m of debt to back US REIT Global Net Lease’s entire UK office portfolio.
Roman Kogan will relocate to New York to manage the US loan origination desk while Dino Paparelli will move to London to become head of European property finance.
Aareal Bank has financed a pan-European portfolio in the latest large financing deal in the sector.
The German bank recorded €4.2bn of new real estate lending in the first half of 2018.
The German bank has posted an overall 24% year-on-year drop in new business as it maintains a ‘selective stance’ in financing markets.
The bank has written a £61m debt facility for Chancerygate.
While certain areas of the market continue to struggle, debt providers are increasingly drawn to the sector’s fundamentals, which offer an oasis of opportunity in the country.
German bank provides £107m loan to Hana Financial Investments, supporting what is claimed to be the largest single asset purchase in the sector so far this year.
The German bank has provided £55m for the acquisition of The Relay Building by a consortium including affiliates of Harbor Group International and ZC Ronogil.
The US bank has provided a £45m loan to the GCP Student Living REIT, which has noted a ‘structural shortfall’ of such assets across the UK.