Home Lending
Lending
The bank has provided a £46m loan to South Korean managers Kiwoom Securities and Hana Securities.
The bank’s chief executive says he is confident it will 'get through' the challenging market conditions.
The German bank has provided a €130m facility to Schroders for an office portfolio.
The three-year facility to developer Princeton Investments has been originated at 60% LTV.
As loan extensions expire and lenders and borrowers face the impact of higher debt costs on their investments, skilled asset managers are in demand.
The loan, to developer ZAR Real Estate, includes capex for an ESG-focused upgrade of the properties.
After a period of recalibration, opportunities abound in European real estate lending, says Apollo’s Ben Eppley.
OakNorth’s Ben Barbanel and ASK’s Daniel Austin discuss the strategic partnership aimed at lending through economic cycles.
Lending in German markets will remain a core focus for the firm, according to PIMCO’s Roman Kogan and PIMCO Prime Real Estate’s Roland Fuchs.
Two domestic managers, Silverton and Pöttinger, have paired up to offer advice in cases where schemes have stalled.