PGIM Real Estate, the real-estate focused arm of US-based investment firm Prudential, has extended a debt financing facility to UK-based real estate investment trust GCP Student Living. The firm has also provided additional debt financing, according to Real Estate Capital’s sister publication, Private Debt Investor.
1 min read · 10 April 2017
Blackstone and Prudential’s £11.8 billion purchase of a loan portfolio demonstrates today’s demand for non-core but performing debt.
3 min read · 06 April 2017
Lloyds Bank Commercial Banking has arranged a €600 million syndicated financing for French REIT Unibail-Rodamco, priced against ‘green’ performance criteria.
2 min read · 06 April 2017
Investec Structured Property Finance has provided a £47.7 million senior development and investment loan to finance a 527-bed student accommodation scheme in east London, Real Estate Capital can reveal.
2 min read · 06 April 2017
PGIM Real Estate Finance has provided a £50.1 million loan to the buyer of the Fox Court office building in London’s Midtown area.
2 min read · 05 April 2017
Central and eastern Europe-focussed investor CPI Property Group has sourced a €440 million financing of a portfolio purchase which covers retail assets across the Czech Republic, Poland, Hungary and Romania.
2 min read · 04 April 2017
Zencap Asset Management is aiming to raise €300 million on a final close for its second real estate debt fund, according to Real Estate Capital’s sister publication, Private Debt Investor.
2 min read · 04 April 2017
Starwood Capital’s listed European property loan fund has provided a €68.5 million senior debt facility to M7 Real Estate’s recently-closed central European fund
2 min read · 04 April 2017
UK Asset Resolution (UKAR), the government-mandated ‘bad bank’, has sold assets of former UK bank Bradford & Bingley (B&B) to Blackstone and Prudential for £11.8 billion.
2 min read · 04 April 2017
Several of Germany’s largest specialist real estate banks either met lending targets during 2016 or surpassed the previous year’s origination totals.
2 min read · 03 April 2017