Insight

Deutsche Bank to provide £925m senior loan for Olympia redevelopment

The German backers of the London project have agreed to inject £500m of equity as part of the refinancing.

Term Sheet: CTP’s Asian loan, a refinancing for Olympia, BNPP AM Alts on defence spending

Logistics developer CTP taps the Asian banking market for its latest borrowing deal; a refinancing of London’s Olympia project is reported, including a significant equity injection; BNP Paribas AM Alts provides its take on the impact of defence spending on real assets; and more in today’s briefing, exclusively for our valued subscribers.

Loans in focus: New York’s office-to-resi strides; Madison Realty’s East Coast endeavors; Axonic’s Bay Area backing

Derby Lane, BHI and Naftali Credit Partners are adding to New York City’s office-to-residential activity through distinct Manhattan deals; Madison Realty Capital is taking its debt funding across the East Coast to maintain its multifamily and residential exposure; Axonic Capital is backing the Bay Area’s retail market with the refinancing of a San Francisco financial district staple; and more in our round-up of stateside loan deals from the past week.

EdgeConneX deal signals more data centre securitisations ahead

The EQT-backed operator was the third data centre owner to tap the region’s capital markets.

BNP Paribas’ Scemama: ‘You can’t treat the capital differently’

As the dust settles on BNP Paribas’ acquisition of AXA IM, Isabelle Scemama says aligning different types of capital is a priority for the group’s recently merged alternatives business.

CTP turns to Asian banks for circa €280m financing

The Dutch logistics developer can use a portion of the proceeds for its proposed expansion into Vietnam.

Bonaccord’s minority stake in Prime Finance underscores interest in multi-asset class strategies

‘Pension plans and insurance companies that are investors with us want comprehensive capital solutions in real estate debt, not single-strategy exposure,’ says Bonaccord’s Ajay Chitkara.

Lone Star execs break down US resi thesis for latest $1bn credit strategy

Mike Droege and Jeff Kert outline the firm’s plan to invest in more than $10bn of newly originated, performing US non-agency mortgage loans.

HIG sources €1.4bn for Greece-focused platforms

Greek lender Piraeus Bank arranged the refinancing of the hospitality and logistics portfolios.

Loans in focus: ING finances all-timber frame office scheme, HIG Capital receives $1.6bn to refinance platforms, easyStorage secures £180m to fund expansion

ING finances an all-timber frame office development with a £105m green loan; Piraeus Bank, alongside a consortium, provides a total of $1.6bn to refinance a hospitality and a logistics platform for HIG Capital; credit manager Arini provides easyStorage with a £180m facility to support its UK expansion; 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.