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The loan, for Dundrum Town Centre, replaces an existing €570m facility due to mature in September.
European Central Bank
The central bank says valuations should reflect the current market downturn and lack of transaction activity.
The £85m loan from NatWest will replace existing construction debt from Oaktree Capital Management.
The country leads European student accommodation investments, while having the lowest bed provision rate on the continent.
The unsecured £50m facility will be used for the development of 25,000 new homes over the next 10 years.
The loan will refinance debt on a Dublin co-living property, an emerging segment of the residential sector.
Visual representation of Canopia project, Bordeaux; 2022 09 Canopia Bordeaux ©ArtefactoryLab pour Apsys (2)-min
Apsys CFO says lenders to the Canopia project were convinced by its ‘pioneering’ environmental credentials.
The chief executive of the Frankfurt-headquartered bank said he has not seen the recovery in 2024 he had expected.
Fattal Hotels
The hospitality deal represents the manager’s biggest loan of 2024 so far.
Clarion's Helmond asset
The Dutch bank and logistics manager say relationship lending plays a continued role in the market.
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