Daniel Cunningham
The Loan Market Association (LMA) has launched new documentation intended to standardise German-law real estate loan agreements.
German bank Helaba has arranged a kr1.022 billion (โฌ111.2 million) financing of Tristan Capital Partnersโ purchase of a Norwegian retail warehousing portfolio.
Norwegian life insurance company Storebrand has taken a participation in the deal.
Oxford Properties and Brockton Capital are close to sourcing development finance to fund their revamp of the former Royal Mail Sorting Office site in Londonโs Midtown area, Real Estate Capital has learned.
Cornerstone Real Estate Advisers Europe has continued its European expansion drive with the appointment of former Standard Life Investments portfolio manager Sรฉverine Laffineur as Head of France.
Swedish bank SEB has provided a kr850 million (ยฃ64.4 million) loan to TH Real Estate to finance its purchase of a shopping centre in the southern Swedish city of Lund, Real Estate Capital can reveal.
MetLife has led a circa ยฃ275 million financing of Hong Kong-based GAW Capitalโs latest investment into the London market. The US insurer has provided a ten-year loan, reflecting a loan-to-value of around 55 percent, to a GAW-led consortium to finance its purchase of the 480,000 sq ft 123-151 Buckingham Palace Road in the Victoria area of the capital.
US law firm Paul Hastings has hired restructuring and real estate lawyer David Ereira from rival Linklaters. Ereira, considered a big-hitter in City legal circles, focuses primarily on debt restructuring but also covers real estate finance, including advising on stressed and distressed real estate resolutions. He will join Paul Hastingsโ London team as a partner [โฆ]
M7 Real Estate and Mount Street Loan Solutions have formed a new joint venture to act as a co-investor and operating partner in European non-performing loan deals.
ICG-Longbow, ICG's real estate debt business expects to exceed last yearโs lending volumes after deploying more than ยฃ750 million across its funds so far this year.
Deutsche Pfandbriefbank (pbb) has provided a ยฃ28 million loan to finance Tristan Capital Partnersโ latest investment in the UK regions. The facility finances the ยฃ45 million purchase of two retail parks, located in Luton and Sunderland, by Tristanโs European Property Investors Special Opportunities 3 (EPISO 3) fund from Hercules Unit Trust. The 62 percent loan-to-value, [โฆ]
