Insight

Real Estate Capital Europe’s Active Lenders 2025: The Banks, Part 2

Part two of our guide to the finance providers making their mark in Europe.

Real Estate Capital Europe’s Active Lenders 2025: The Banks, Part 1

Our largest annual list to date highlights lender appetite for European real estate.

Key takeaways from REC Europe’s Active Lenders 2025 list

Our annual guide to the most active banks and alternative lenders shows evidence of a busier property lending market.

Lending Market Barometer: Borrowers prioritise covenants

REC Europe’s inaugural market-wide survey reveals flexible loan requirements are high on the agenda.

King Street’s Paul Brennan on providing debt amid dislocation

As it deploys its $950m special situations fund, King Street has so far found most opportunity in debt, says co-head of real estate Paul Brennan.

Download the Winter 2025 issue of Real Estate Capital Europe

Inside: Active Lenders 2025 – REC Europe’s annual guide to the banks and alternative lenders leading the market; Plus, our inaugural Lending Market Barometer reveals what market participants are thinking about the industry; And much more…

Resurgent banks drive aggressive pricing, says Newmark

Traditional lenders and debt funds fuelled by back leverage are competing for borrowers, with transaction volumes poised to increase, says Newmark’s Matthew Featherstone.

Loans in focus: KKR backs Cain with £350m, Harworth Group receives RCF, Natixis Pfandbriefbank provides Phoenix Spree with €255m

Cain secures £350 million (€400 million) from KKR to refinance a UK industrial and logistics portfolio; NatWest, Santander and HSBC issue a £275 million revolving credit facility to Harworth Group; Natixis Pfandbriefbank provides Germany’s Phoenix Spree with a €255 million loan; 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.

Term Sheet: The market reacts to the UK budget; KKR issues £350m to Cain; pbb Deutsche Pfandbriefbank hires Barkha Mehmedagic

The real estate finance market responds to the UK’s 2025 Autumn Budget; KKR issues £350m to Cain to refinance its industrial and logistics portfolio; Barkha Mehmedagic appointed as top commercial real estate financier at pbb Deutsche Pfandbriefbank; and more in today’s briefing, exclusively for our valued subscribers.