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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 finance director of the UK company’s investment adviser said diversifying its debt is a ‘natural’ next step.
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.
The ‘significant’ capital injection allows Quintain to finalise the latest phase of the 85-acre estate.
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.
Subsidiary of debt advisory firm BF.direkt has launched a debt fund to assist German developers with improving the energy efficiency of their portfolios.
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