Home Hospitality
Hospitality
A €296m construction financing in the German capital, led by Deutsche Hypo, was among the week’s more eye-catching items.
Following the lender’s financing of Blackstone’s purchase of the owner of Britain’s Butlin’s holiday parks, its European real estate lending head explains his faith in UK leisure.
A new report by the author of the biannual UK property lending report showed hotel lending margins ended the year as high as 400bps.
The private investor believes the extended stay apartment model will benefit from future patterns of demand.
Hotels have the chance of returning to pre-covid performance levels, but only if their capital base is properly restructured now, argues Eric Assimakopoulos, founder of Revetas Capital.
The $2.8bn sale to Highgate is potentially the first many large hospitality portfolio sales, but a debt transfer of its size is unlikely to be repeated.
Shiva Hotels' managing director on financing hospitality during covid-19
The long-term refinancing facility for the Connaught and the Berkeley, two of London’s most luxurious hotels, was arranged by US bank Citi.
The £180m loan for a new luxury London hotel is one of the few financing deals closed in the sector since the pandemic began.
Ali Imraan, the managing director, debt and special situations, at real estate investment manager LaSalle Investment Management, discusses the opportunities Spain offers property debt fund lenders.