Slovenian lender Abanka is selling a portfolio of European non-performing loans (NPLs) with an original value of about €246 million. The country’s third largest bank said the portfolio comprises “well-diversified” non-performing loans against a variety of different companies, the majority of which have real estate assets as their collateral. The sale process, currently in its […]
1 min read · 25 July 2017
German real estate group ADO Properties has issued its inaugural bond, raising €400 million. The bond has a maturity of seven years and carries an annual fixed coupon of 1.5 percent. The firm, focused on the rental housing market in Germany, said the bond was offered to pan-European institutional investors and met with “significant” demand, […]
2 min read · 24 July 2017
HB Reavis has raised PLN 220 million (€51.9 million; $60.3 million) from the issue of a new tranche of its PLN 500 million Polish bond programme.
2 min read · 21 July 2017
UBS Asset Management has fully committed the original £241 million of equity raised for its real estate debt fund, which is managed by Anthony Shayle.
2 min read · 21 July 2017
Non-core property debt is being offloaded in innovative ways amid pressure to reduce toxic portfolios.
3 min read · 20 July 2017
LendInvest, the UK property lender, is aiming to raise £50 million through the issue of its first retail bond.
2 min read · 20 July 2017
Lloyds Bank Commercial Real Estate has provided a £10.25 million (€11.6 million) investment loan to finance the acquisition of the Stadium Plaza leisure development next to the Welsh national stadium.
1 min read · 19 July 2017
Allianz Real Estate has made its first debt investment in the Italian market, participating in the financing of a mixed-use property in central Milan, arranged by French bank Natixis.
2 min read · 19 July 2017
Czech industrial property developer CTP has sourced a €75.8 million financing for the expansion of a logistics park close to Bucharest in Romania.
1 min read · 18 July 2017
HSH Nordbank has provided a €93 million loan to Cording Real Estate Group to finance its purchase of a property portfolio located across western Germany.
1 min read · 17 July 2017