Development finance

The two banks have provided £100m to the Australian investment manager to finance what it says is the UK’s largest modular BTR project.

BF.direkt’s latest sentiment survey shows tightening credit conditions as Europe’s operating conditions worsen.

The specialist fund manager is aiming to raise capital from pension funds and insurance companies to finance smaller-scale UK residential projects.

Guidelines will lower the risks of building modular homes for both lenders and borrowers, says the company’s joint chief executive.

The Oaktree-backed lender has written a £25m loan to finance an office-to-residential project in southeast England.

The specialist lender is backing a London residential scheme being developed by SevenCapital and MARK.

The firm is looking to raise €300m from institutional investors for the residential-focused vehicle.

The credit manager has set up a Paris-based debt business focused on lending against assets being readied for a low-carbon economy across continental Europe.

The manager, which has sourced a £42m loan for a Birmingham BTR scheme, will pause further borrowing activity in the sector due to the rising cost of debt.

Marc Fuhrmann of investment manager Arrow Global and Ellis Sher of Maslow Capital talk to PERE's Jonathan Brasse about the critical considerations when investing institutional capital into Europe’s housing market amid current uncertainty.