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Bank of America Merrill Lynch has priced a £347.9 million (€389.3 million) UK CMBS, against the backdrop of a market which has been virtually closed for around 18 months.
Global broker CBRE has hired Paul Coates as executive director and head of debt and structured Finance for the EMEA region of its Capital Advisors unit.
Lloyds Bank has chosen the UK pub industry for the latest loan to be issued through its Green Lending Initiative, which grants reduced pricing for loans to assets that hit agreed sustainability criteria.
UK-based Warehouse REIT has sourced £65 million (€73 million) across two financing facilities from HSBC.
When it comes to financing residential, it would be wise to choose schemes local people can afford to live in.
Empiric Student Property has signed a £70 million (€78 million) revolving credit facility with Lloyds Bank Commercial Banking to fund future purchases of student accommodation.
German bank Deutsche Hypo has placed its first ‘green’ Pfandbrief, raising €500 million through the issue of a six-year bond with a coupon of 0.125 percent.
One of the largest European real estate deals this year has been financed by LBBW, ING Real Estate Finance and pbb Deutsche Pfandbriefbank with a €625 million loan.
Pbb Deutsche Pfandbriefbank has posted a 9.5 percent year-on-year increase in new business to the end of September 2017, totalling €6.9 billion of lending.
Floating-rate five-year loan has a 65% LTV ratio.