Eugenia Jimenez
The Taurus 2020-2 UK CMBS deal launched in July marks the first European CMBS deal for five months
An increased number of investors are optimistic about the long-term future of hospitality, but lenders remain circumspect for now.
Investor interest in alternative real estate sectors in particular is expected to increase in the aftermath of the crisis.
The real estate arm of the German insurer recently provided €200m to fund the construction of a low-carbon office complex in the Paris region to be built primarily from wood.
UK-focused Shiva Hotels is the latest owner and operator to source debt finance for a high-end development in the UK capital.
The UK-based investment manager has held a €200m first close on its second whole loan fund.
The debt specialist will lead the expansion of the Canadian property giant’s lending activities in the region.
Although Spain remains on lenders’ radar, many are taking stock until post-coronavirus conditions become clearer.
The UK-based Swiss Life subsidiary sourced a £56m loan from DekaBank for its recent London office acquisition, amid debate about the future of the sector.
Real estate investors believe logistics will perform well through the covid-19 crisis, and sector specialists expect debt providers to remain supportive.