Insight

What hot sectors are at greatest risk of oversupply?

The US office glut was years in the making. Some of today’s most-favoured property types are also at risk of suffering a similar fate.

Term Sheet: Barings’ first European sustainability-linked loans; Cale Street’s potential £1bn London financing; Union sees weakening property demand

Barings seeks “greater returns” in sustainability-linked lending as it completes its first such loan deals in Europe; A major London regeneration gets a boost with Cale Street reportedly in talks to finance HB Reavis’s Waterloo mega-scheme; Union Investment says the real estate investment climate is “deteriorating considerably”; and more in today’s briefing, exclusively for our valued subscribers.

Barings hopes for ‘greater returns’ with its first sustainability-linked loans

The manager is on the hunt for borrowers with ESG-related business plans.

Term Sheet: Aeon’s credit commitment, Brookfield’s mega-fund, Immobel’s finance hire

Credit investor Aeon says commercial real estate lending is ‘attractive’ as it seals a new funding agreement; Brookfield’s Flatt says people are unsure about real estate despite huge fundraising; recently launched Immobel Capital Partners makes a finance hire from Schroders; and more in today’s briefing, exclusively for our valued subscribers.

Starz backs regional UK offices in £77m loan deal

The mid-market lender expects busy months ahead as sellers accept challenging market conditions.

New SocGen healthcare loan demonstrates lender appetite for the sector

The French investment bank is supporting Threestone Capital’s pan-European push.

Term Sheet: APG continues Australian debt push, DWS spies European price correction, Fitch envisions European CMBS market growth, IWG disappoints the markets, European ESG-linked bond issuance outpaces the US

Dutch pension giant commits to Australian debt market; DWS foresees prime values dropping by 10 percent to 15 percent; Fitch Ratings sees European CMBS market grow as US investment interest increases; IWG disappoints as flex occupancy growth slows; Savills warns recession will depress warehouse occupier demand; Société Générale agrees nursing homes deal in Germany and Spain; and more in today’s briefing, exclusively for our valued subscribers.

3650 REIT funds $150m of industrial portfolio loans 

The firm’s newest financing spans two loans, including $93.5m to refinance a triple-net portfolio of 14 assets across nine states.

APG doubles down on Australian real estate debt manager

The Dutch pension fund manager continues its hunt for equity-like returns.

Driftwood sees way into hospitality despite market turmoil

Market players struggle to see a positive recovery for the sector, but there is opportunity to be had for the right asset and location.