Lenders back logistics despite rising yields; LaSalle is to support retrofitting with a £500 million strategy; BNP Paribas Asset Management launches its third debt vehicle; Moody’s spots the rising default risk of German residential loans; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 12 April 2023
The manager is seeking €500m equity from European institutional investors.
3 min read · 12 April 2023
The firm is seeking to raise around €300m for its BNP Paribas European Enhanced Real Estate Debt Fund.
2 min read · 06 April 2023
The sector is vulnerable to rising interest rates due to low debt yields and cashflow constraints, says the credit rating agency.
3 min read · 06 April 2023
Blackstone’s €680 million Spanish hotels refinancing demonstrates lender appetite for certain sponsors and properties; Cheyne Capital and Berlin Hyp provide office loans to sponsors with transformation plans; Singapore’s ARA reorganises its European property lending businesses; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 05 April 2023
The lender has provided £150m to fund the acquisition of Deutsche Bank’s UK headquarters ahead of a major redevelopment.
3 min read · 05 April 2023
Guidelines will lower the risks of building modular homes for both lenders and borrowers, says the company’s joint chief executive.
3 min read · 05 April 2023
The board member for the German bank believes the industry will adjust to higher rates and argues parts of the market continue to perform well.
4 min read · 04 April 2023
The US manager has sourced debt including €310m of mezzanine for 15 hotels.
3 min read · 03 April 2023
The asset manager is separating its residential and commercial lending between its ARA Venn and ARA Europe businesses.
3 min read · 31 March 2023