Home Lending
Lending
French fund manager ACOFI has launched its fifth property debt fund, with a fundraising target of €600 million by July 2018.
Blackstone is to fund its latest push into the Nordic real estate markets with a €2.6 billion financing of its recently acquired Sponda platform in Finland, in one of the cycle's largest real estate lending deals.
The investment management arm of French insurance firm AXA has closed its 10th property debt fund with €1.5 billion raised.
Europa Capital has launched a debt vehicle with commitments of £100 million (€110 million) to invest in UK commercial real estate, with a focus on regional markets.
German banks pbb Deutsche Pfandbriefbank and Helaba have provided a €67.2 million loan to CBRE Global Investors’ European Shopping Centre Fund II.
German bank LBBW is planning to open a new office in Toronto in early 2018, as part of the expansion of its real estate finance business into the North American market.
Belgian developer Ghelamco has sourced a €370 million senior loan from a trio of German banks to refinance the Warsaw Spire office complex, located in the Polish capital.
JPMorgan has provided a €150 million bridge loan to accelerate Spanish land acquisitions by local developer Neinor Homes.
Germany’s pbb Deutsche Pfandbriefbank has provided a €66 million loan to Reico and a €51 million debt facility to BlackRock.
Tunstall Real Estate Asset Management has raised €55 million at the first closing of its new Netherlands-focused discounted pay-off debt fund.