Resolving Europe’s non-performing loan (NPL) problem is a priority for the banks in order to pave a way to improving profitability across the sector, an official from the European Central Bank (ECB) said in a speech yesterday.
2 min read · 14 June 2017
Pbb Deutsche Pfandbriefbank has provided €36.5 million to finance the acquisition of four office buildings in Finland in the latest of a series of deals it has recently agreed in the strategically important Nordic markets.
2 min read · 13 June 2017
Despite estimates that there are around €100 billion of non-performing loans in Greece and Cyprus, many investors say they will continue to stay clear of the region amid continued questions over foreclosure and enforcement procedures.
3 min read · 12 June 2017
Partners Group has closed its latest Multi-Asset Credit Fund (MAC III) on €1 billion, Real Estate Capital’s sister title, Private Debt Investor reported. The fund previously held a first close in July 2016.
1 min read · 12 June 2017
The Conservative government’s failure to secure an outright victory in Thursday’s general election will add to a climate of uncertainty surrounding the UK’s property market, warned lenders and real estate investment managers.
5 min read · 09 June 2017
Pbb Deutsche Pfandbriefbank has provided an SEK 410 million (€43 million) loan to recently-launched Swedish investor Logistea to finance its first deal.
1 min read · 09 June 2017
Berlin Hyp has issued its second ‘green’ Pfandbrief, representing the German bank’s third green bond issue since 2015.
2 min read · 09 June 2017
The use of subscription credit lines by private fund managers has come under scrutiny. Real estate equity and debt fund managers should take note of the discussion.
3 min read · 09 June 2017
Bank of China (Hong Kong), HSBC and ING Real Estate Finance have joined forces for a financing of Hong Kong investor CC Land Holdings’ £1.15 billion purchase of the ‘Cheesegrater’ building in the City of London.
2 min read · 08 June 2017
London-based loan servicing firm Mount Street, which is led by Paul Lloyd (pictured) and Ravi Joseph, is expanding into the US market with the creation of a subsidiary firm based in Atlanta.
2 min read · 07 June 2017
