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French real estate investment trust (REIT) Cegereal has agreed a €525 million refinancing with a club of European banks led by Aareal and Natixis.
Two European banks have financed the purchase of the largest prime office building in Dublin, Real Estate Capital can reveal.
UK-headquartered debt advisor GLAS has opened an office in Singapore to seize on the opportunities available in the Asia-Pacific market.
Pbb Deutsche Pfandbriefbank has provided a total of €120 million ($133.8 million) in loans on the acquisition of ten properties in Western Germany. The lender provided the loans to affiliates of the Catalyst Capital European Property Fund II that purchased the portfolio from TRIUVA (formerly IVG Institutional Funds) and a large German public sector pension scheme.
The fund has lent 12 loans totalling £159.5 million across 28 UK assets since inception.
Pbb Deutsche Pfandbriefbank has provided a €100 million loan to German investor TAG Immobilien to refinance a residential property portfolio in Germany.
Aareal Bank has provided a €368 million loan to finance a logistics property portfolio in Germany.
Finnish real estate investment company Sponda has agreed to syndicated credit facilities totalling €600 million from a club of Nordic and German banks.
The deleveraging process in China is “progressing relatively slowly thus far” according to a report titled “Deleveraging, Destocking and Rebalancing”, authored by Hang Seng Bank acting chief economist Thomas Shik.
After a pause around the time of the general election in May, finance requests have come back strongly in recent months according to the latest Laxfield UK CRE Debt Barometer.