Syndication

ING Real Estate Finance has hired Jessica Bell from Royal Bank of Scotland to join its European syndicated finance team, based in London.

Syndicated commercial real estate lending volumes in the EMEA region were down by almost 40 percent year-on-year in 2016, reflecting reduced deal-flow across the European property markets, the latest figures published by financial data provider Dealogic show.

Syndicated real estate loan volumes jumped by almost a third to €27.6bn for the first half of 2015 compared to the same period last year, according to Dealogic. In its second survey of the EMEA real estate loan syndication market since the global financial crisis, Dealogic reported that the number of deals was also up - to 75 for 1H 2015 compared to 71 for 1H 2014. The survey canvassed 26 lenders.