Insight

NatWest’s expected UK NPL sale seen as blueprint, pricing floor for retail sector

Sector specialists say the anticipated sale will create a way forward for lenders and investors working on distressed shopping centres in the country.

The building behind the loan: The renovation of a local landmark

Following a purchase by development and asset management firm W.RE, plans to renovate Arding & Hobbs are underway, spurred by a £55m loan from BentallGreenOak to redevelop the property.

Term Sheet: Last chance for Europe’s biggest residential consolidation; Debt liquidity for repositioned offices increases; New London hotel gets refinanced

Vonovia launches “last takeover offer” bid for Deutsche Wohnen; Latest office refurbishment loans show lenders’ growing eagerness to back the sector’s transition; Resolution Property sources £85 million (€99 million) facility to refinance The Hyatt Place London City East hotel; and more in today’s briefing, exclusively for our valued subscribers.

Debt is becoming a must-have strategy for real estate managers

Several big-name investment managers have launched strategies through which they will write loans against European real estate.

Archway to expand lending platform via fund launch

The Los Angeles-based bridge lender will now also target first mortgages and mezzanine debt.

The borrower view: Bruntwood SciTech’s Lawlor on how covid has boosted lender interest in life sciences

Kate Lawlor, the firm’s chief executive, says the pandemic has prompted a growing number of debt providers to be willing to fund the sector.

Covid-19 has provided renewed impetus for property companies to issue bonds

Market sources say that during crisis’ times, firms are more eager to explore the whole spectrum of financing options.

Nabiax’s CFO on sourcing €320m for Spain’s biggest data centre debt deal to date

Iván Paja, the data centre specialist’s chief financial officer, says the financial strength of the firm’s investors and tenants has allowed it access to a healthy pool of funding options since inception.

CREFC sentiment survey: Positive momentum builds in real estate debt professionals’ outlook

Organisation’s latest survey shows continued improvement in how property debt professionals view conditions.

Barclays and HSBC grow UK buy-to-let residential exposure with £150m investment

The investment will allow UK fintech firm LendInvest to expand its mortgage lending strategy, with a focus on environmental upgrades.