The first European CMBS in more than a year is planned, secured by logistics properties owned by Blackstone; Fitch highlights potential stresses for a securitised Brookfield loan in Germany; Italy’s COIMA sources green financing for part of its Milan regeneration scheme; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 19 July 2023
The credit ratings agency says the Toronto-based manager faces a ‘severe test’ meeting repayments as interest rate costs on the securitised loan soar.
3 min read · 19 July 2023
Berkadia’s Foschini dives into why the structure is drawing more attention from sponsors today.
4 min read · 19 July 2023
Banks remain a major part of Europe’s refinancing picture, but insurers are also becoming more active.
3 min read · 18 July 2023
The Essen-based firm, which was founded in 2020, will target a 6-7% net return for its upcoming whole loan lending vehicle.
3 min read · 14 July 2023
Naxitis CIB says German lenders will struggle under its ‘severe stress test’ scenario; lending to account for half of South Korea public pension fund’s overseas real estate strategy; Octopus Real Estate sets to work raising its fourth debt vehicle; HBSC warns investors away from UK REITs; Finloop finds debt funds behind most new issuances; and more in today’s briefing, exclusively for our valued subscribers.
6 min read · 13 July 2023
French bank cites potential problems for Aareal and pbb Deutsche Pfandbriefbank, although the latter strongly disputes the findings.
4 min read · 12 July 2023
Speaking at the first District World Summit event in London last week, the bank’s co-head of real estate said values have not adjusted as quickly as anticipated.
3 min read · 11 July 2023
The Eastern European property group has raised debt for offices as part of a €600m financing package.
4 min read · 07 July 2023
The firm is aiming to raise considerably more than when it first came to the European real estate credit market in 2020.
2 min read · 06 July 2023
