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Allianz Real Estate has provided a €290 million loan to German pension fund BVK Bayerische Versorgungskammer for the financing of Ireland’s Liffey Valley shopping centre. The insurer acted as sole lender, providing a seven-year fixed-rate loan “at an attractive all-in rate and a conservative LTV”, Allianz said. It declined to provide further details of the […]
Allied Irish Bank has provided a €155 million loan to refinance the Jervis Shopping Centre in Dublin, Real Estate Capital has learned. AIB Real Estate Finance gave the loan to JSC Properties, a company owned by Northern Ireland property developers Padraig Drayne and Paddy McKillen. The retail park was opened in 1996. The seven-year whole […]
Allianz Real Estate has made its first debt investment in the Italian market, participating in the financing of a mixed-use property in central Milan, arranged by French bank Natixis.
LaSalle Investment Management has written its first loan in the Spanish market, financing the purchase of a student housing portfolio for sector specialist GSA.
Dutch lender ING Bank has written a €120 million term loan that will be used to continue the refinancing process of the CBRE Global Investors Dutch Retail Fund’s debt facilities.
The growth rate in new German commercial property finance business halved during 2016 to 10 percent and is set to decrease to 5 percent this year, the latest German Debt Project Report has shown.
Pbb Deutsche Pfandbriefbank has provided €36.5 million to finance the acquisition of four office buildings in Finland in the latest of a series of deals it has recently agreed in the strategically important Nordic markets.
BNP Paribas Asset Management – recently rebranded from BNP Paribas Investment Partners – has established a division focusing on private credit investments, according to a company announcement. The division is branded as the firm’s private debt and real assets investment group.
Japanese bank Nomura has provided a €104 million loan to European real estate fund manager Aerium to refinance the H20 office building located in Luxembourg.
Natixis and BNP Paribas have written a €250 million loan to finance Data4, a pan-European owner of data centre properties.