Development finance

Britain is in dire need of residential development. Debt providers can play an important role in supplying the necessary finance.

NatWest, HSBC UK and Barclays commit to Downing Group’s development of three schemes in Coventry, Manchester and London.

Hines and APG Asset Management have sourced €81m from Wells Fargo for the construction of a built-to-rent scheme in Dublin.

Bank of Scotland has provided green financing for the 60% pre-let building at 177 Bothwell Street.

Lenders have growing appetite to back Spanish housing schemes as the sector experiences a robust recovery from the last banking crisis.

As the late stage of the property cycle begins to bite, the 2019 Emerging Trends Europe report indicates where debt providers should put their capital to work.

The German bank finances a fully let office project in its home market as it increases new lending to the higher-margin development space.

AustralianSuper has teamed up with TH Real Estate in a £280m London development financing.

A new £1bn fund will provide liquidity for smaller builders aiming to get construction projects off the ground.

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.