Insight

Puma gains firepower via £500m KKR living sectors partnership

The capital will enable the UK lender to offer more competitively priced loans to residential borrowers.

Loans in focus: A €400m Danish refinancing, Nordic banks back developer JM, Oxford and Hines source financing for London scheme

Nordea provides €400m to refinance a portfolio of Danish assets for manager Rubik Properties; five Nordic banks club together to back residential developer JM; Oxford Properties and Hines source financing for their redevelopment of 10 Paternoster Square in London; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.

Iran war looms large over MIPIM

The potential impact of the developing crisis was the key topic of discussion in Cannes.

Term Sheet: Middle East conflict dominates talk at MIPIM, Savills buys Eastdil, KKR and Puma team up

The crisis in the Middle East is on delegates’ minds at this year’s MIPIM; Savills acquires Eastdil Secured in a $1.1bn deal; KKR partners with Puma Property Finance on a UK residential lending strategy; survey finds back leverage strategies being rapidly adopted in Europe; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: MIPIM’s US reflections; Avila’s sequel milestone; LACERS’ credit commitments

Market participant sentiment at MIPIM shows eyes are focused on the future of the US office sector; Avila Real Estate Capital has more institutional commitments inbound on its path to a $1bn real estate credit strategy raise; LACERS ups its real estate credit allocations with commitments to BDT & MSD Partners and Wolff Company; and more in today’s Term Sheet, exclusively for our valued subscribers.

Back leverage: Survey finds adoption is rapidly accelerating among managers

The financing tool is a ‘defining force’ in Europe’s real estate market, says Knight Frank Capital Advisory.

Pbb’s Wolf: ‘We are not satisfied with our 2025 results or the outlook for 2026’

The chief executive of pbb Deutsche Pfandbriefbank said its US exit and a ‘sluggish’ recovery will continue to weigh on the lender.

Loans in focus: Vesteda sources €600m bridge loan, Wells Fargo finances outdoor storage, Atelier in student digs scheme

ING and Rabobank provide Vesteda with a €600m backstop bridge facility following significant redemption requests; Wells Fargo issues a £100m loan to Nuveen for its UK industrial outdoor storage portfolio; UK specialist lender Atelier funds MCR Property Group’s purpose-built student accommodation scheme in Kent; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.