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During the festive period, why not take a moment to have your say on 2017’s top performers in European real estate finance?
Berlin Hyp and Erste Group Bank have financed the Warsaw property portfolio of Austrian developer Immofinanz with a €205 million loan.
Deutsche Bank has acquired a portfolio of non-performing loans with a nominal value of €375 million from Sareb, Spain’s ‘bad bank’.
Schroder European REIT has signed a €13 million loan with Banque Populaire in France.
German bank pbb Deutsche Pfandbriefbank has provided a €140 million loan to local developer Gerchgroup to fund a land acquisition in Cologne, Germany.
Deutsche Hypo’s purchase by one of its rival real estate lenders could prove a canny move.
Poland’s Bank Pekao has written a €200 million loan to refinance the Galeria Północna retail park in Warsaw.
LBBW, Aareal and pbb have reportedly submitted offers to buy the German mortgage bank, with a final decision on its sale due in January.
Lloyds Bank Commercial Banking, through its partnership with group insurer Scottish Widows, has provided a £40 million loan (€45.27 million) to UK real estate investment trust LXi REIT.
US private equity firm Cerberus has signed €3 billion debt financing with Morgan Stanley to finance the acquisition of BBVA's bulk of property assets, Spanish media reported.