Insight

AEW eyes €5bn AUM target for newly consolidated European debt platform

The French manager will add high-yield lending to its repertoire as it aims to double its credit assets under management.

Schroders’ van Oosterom: ‘All real estate is operational’

The pandemic reinforced the need for managers to strike closer partnerships with their tenants, according to the firm’s global head of real estate.

Savills: Covid-19 prompting lenders to sharpen their focus on the S of ESG

During its latest Financing Property presentation, the consultancy said the pandemic is leading sponsors and financiers to increasingly consider social factors when futureproofing assets.

Term Sheet: PwC warns of empty offices, Deloitte launches debt advisory business, AXA’s Curlow talks about inflation risk

PwC’s occupier survey raises empty office fears; Deloitte makes a key hire for its new debt advisory unit; AXA IM – Alts’ head of research and strategy discusses inflation risk; and more in today’s briefing, exclusively for our valued subscribers.

Alantra’s Woon sees leverage levels rise as debt funds compete to deploy capital

Hoong Wey Woon, partner with financial services firm Alantra, says real estate lenders are getting creative as they strive to invest the large amounts of capital they have raised.

Financing the recovery, part 3: Opportunities in distress?

Opportunistic lenders are gearing up to provide debt in distressed situations. But market participants do not expect an abundance of distressed deals during the market’s recovery phase.

The building behind the loan: London’s iconic Herbal House

The £106.2 million loan refinances the ten-floor multi-let office, residential asset in Farringdon, which was built in 1928 as the printing headquarters for the Daily Mirror.

BlackRock’s Stevens: Shared-ownership lending ‘imperative is to help the individual’

After providing its second shared ownership loan to UK housing provider Heylo Housing, BlackRock’s head of European infrastructure debt says the possibility to facilitate housing security in the country through the financing was a key factor supporting its involvement.

Financing the recovery, part 2: Where can debt providers find greater value?

Lenders are considering what constitutes an enticing financing opportunity as European real estate recovers from the pandemic.

Term Sheet: Big credit support for Europe’s biggest residential consolidation; senior living’s growing appeal; European REITS make green bond debuts; South Korean insurer’s minority stake in Savills Investment Management

SocGen, Morgan Stanley and BofA back Vonovia’s takeover of Deutsche Wohnen; UK lenders finance growing senior living investment opportunities; Hammerson and Tritax make sustainable bond issuance debuts; Samsung Life takes minority stake in Savills Investment Management; and more in today’s briefing, exclusively for our valued subscribers.