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A photograph of the Paris skyline.
The asset is the redeveloped Le Magnum building which managers Patron Capital and EDR REIM acquired in 2018.
German lenders including Deutsche Pfandbriefbank are seeing their share prices impacted by US commercial real estate exposure.
Conceptual of travel and vacation.
The German lender, which has over €11bn allocated to the asset class, played a key role in the UK financing.
City of London skyline
London-based Katch Investment has hired Thibaut Harouni as it makes plans for a €250m European closed-end debt fund.
The science and technology-focused partnership has added UK bank Barclays to its club of lenders.
The firm will aim to expand its investor base beyond its current German institutional clients.
The manager has provided a £143m debt facility for a third later living development by Goldman Sachs-backed Riverstone.
The UK development lender is aiming to incentivise borrowers to bring forward schemes with societal benefits.
The firm provided the construction loan through its UK Secured Lending Fund III.
Ion Ion has bought a stake in the firm’s credit platform and will seed strategies including for real estate debt.
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