US pension fund TIAA and European outlet retail investor NEINVER have sourced a €344 million financing of five outlet retail properties, located in Spain, Italy and Poland, which they recently bought through a joint venture.
2 min read · 15 February 2017
Cushman & Wakefield has hired real estate capital markets specialist Ritesh Ramchandani to join the debt and structured finance business which it established last year, Real Estate Capital has learned.
2 min read · 15 February 2017
Germany’s Aareal Bank has bought a 20 percent stake in the London-based loan servicing firm Mount Street in a bid to support its real estate syndication activities.
2 min read · 15 February 2017
US investor CarVal has teamed up with an Italian asset manager with the aim of raising €400 million to invest in loan portfolios in Italy.
2 min read · 14 February 2017
Lloyds Bank Commercial Banking, through its partnership with insurer Scottish Widows, has provided a £40 million financing to specialist industrial REIT A&J Mucklow.
2 min read · 14 February 2017
Allianz Real Estate has closed its first lending deal in the Spanish office market with a €155 million loan as part of a wider portfolio refinancing deal.
2 min read · 13 February 2017
Isabelle Scemama, a longtime veteran of AXA Investment Managers – Real Assets, has been named its new chief executive, replacing Pierre Vaquier.
3 min read · 10 February 2017
TH Real Estate has provided a circa £136 million loan to finance the purchase of a student accommodation complex in Birmingham by Unite Students and Singaporean sovereign wealth fund GIC.
2 min read · 10 February 2017
The UK government’s plan to fix the country’s housing crisis contains some nuggets for lenders, but has failed to generate much excitement.
3 min read · 09 February 2017
Pbb Deutsche Pfandbriefbank has written a €28 million loan for a hotel development in Hamburg.
1 min read · 08 February 2017