Aroundtown Properties has raised €500 million of fresh capital through the placement of a bond priced at 1.875 percent.
1 min read · 14 July 2017
A joint venture between Kennedy Wilson and Varde Partners has sold its share in the loan servicing company of Spain’s Banco Popular back to the bank.
1 min read · 14 July 2017
Legal & General’s three-year loan to GreenOak demonstrates how insurance companies are laying their roots in unfamiliar territory.
3 min read · 13 July 2017
German real estate lender pbb Deutsche Pfandbriefbank has provided a €64 million refinancing of a Polish shopping centre bought by London-based property investor Resolution Real Estate Advisers.
2 min read · 13 July 2017
German real estate debt fund manager Caerus Debt Investments, led by Michael Morgenroth (pictured), has reached a second close on its senior and whole loan fund, raising an additional €47 million of capital mainly from a German insurer.
2 min read · 12 July 2017
Bain Capital Credit has taken its first step into the Portuguese market with the acquisition of real estate loans that have a total outstanding balance of €476 million from a local bank, as well as loans from a Spanish bank at a par value of €489 million.
2 min read · 12 July 2017
Spain and Portugal look set to feature prominently in the European real estate loan sales market during the second half of 2017, with investment banking firm Evercore reporting €44.1 billion of live sales in Iberia at the mid-year point.
3 min read · 12 July 2017
Legal & General Investment Management has provided a three-year property loan, hinting at an increased appetite from the insurer to provide loan terms more typically associated with banks.
2 min read · 11 July 2017
LaSalle Investment Management has written its first loan in the Spanish market, financing the purchase of a student housing portfolio for sector specialist GSA.
2 min read · 11 July 2017
BlackRock has held a first close on its UK Strategic Alternative Income Fund, which will invest in real estate debt among other asset classes.
2 min read · 10 July 2017