Insight

Europe’s Top Lenders 2021: One week until the submissions deadline!

If you believe your organisation should make our annual list of impactful debt providers, you have until midday, UK time, Friday 8 October to tell us why.

Allianz takes the development route to UK logistics lending

The head of UK property finance at the company, which has lent £240m for new warehouses, says funding construction is a way to earn higher returns in the competitive sector.

Term Sheet: Evergrande’s plight sparks fears across global lending markets, Investec’s modular development loan shows growing lender acceptance of the construction method, Allianz deploys £240m in logistics by backing BentalGreenOak’s development pipeline

A potential collapse of China’s Evergrande is expected to have worldwide ramifications among lenders; Investec’s financing of a modular construction scheme in the UK provides a vote of confidence in the modern building method; Allianz deploys £240 million in the competitive logistics market by lending against BentallGreenOak’s development drive; and more in today’s briefing, exclusively for our valued subscribers.

Beijing expected to ‘step in’ to prevent China Evergrande contagion

Senior executives at two of Canada’s biggest institutional real estate investors said they expected state intervention to prevent the developer’s $300bn debt pile from becoming a global issue.

ESG-linked debt promotes transparency and accountability, lenders argue

Panellists at PERE’s Debt & Financing Forum said linking debt pricing to pre-agreed sustainability targets can encourage borrowers to stick to business plans.

AEW: Lenders remain ‘risk-off’ due to covid

The manager recorded no loan deals at more than 80% leverage in its data sample since 2019, which it said shows lending market caution.

Limited distress, enticing financing opportunities – finance forum panellists discuss Europe

Lenders at the PERE Debt & Financing Forum, held in London this week, said residential sectors and development mandates are increasingly attractive.

Real estate faces ‘acceleration of obsolescence’

Institutional investors are grappling with the question of what to do with existing assets amid greater ESG scrutiny during the pandemic.

Who’s afraid of greenwashing?

S&P Global Ratings claims the fear may be greater than the reality, but there are plenty of examples out there to make investors feel uneasy.

Term Sheet: SEGRO’s €500m green bond, BioMed Realty’s plans for UK life sciences exposure, M&G’s Irish residential lending venture

SEGRO’s green bond highlights investor demand for sustainable property debt instruments; Blackstone’s fresh push into UK life sciences signals more financing possibilities ahead; M&G backs an Irish development lending programme to target an undersupplied market; and more in today’s briefing, exclusively for our valued subscribers.