Venn Partners has sold its second PRS bond, at tighter pricing than the first issued three weeks ago. The £39.4 million financing, secured on assets owned by Quintain at Wembley Park, was issued under the £3.5 billion Private Rented Sector Housing Guarantee Scheme managed by Venn for the government.
2 min read · 15 December 2016
A club of three German banks, led by Deutsche Hypo, has provided a €960 million loan to refinance a commercial property portfolio owned by German real estate investor DIC Asset AG.
2 min read · 15 December 2016
ING and LBBW have completed the syndication of their £400 million joint underwrite of the Salesforce Tower in the City of London, which closed in April, Real Estate Capital has learned.
3 min read · 15 December 2016
Barings has expanded its real estate debt platform with two appointments as the firm continues to invest in its European operations, according to Real Estate Capital’s sister publication, Private Debt Investor.
2 min read · 14 December 2016
Jürgen Fenk, one of the best-respected real estate finance leaders in Germany, is to leave his position on Helaba’s board of managing directors next September to pursue other roles in real estate.
2 min read · 13 December 2016
ING Real Estate Finance has provided a £108.9 million loan to finance the purchase of prime retail and offices on London’s New Bond Street.
2 min read · 13 December 2016
Peter Denton, Starwood Capital’s head of European special situations, is to leave the firm at the end of this year.
2 min read · 13 December 2016
Swedish asset manager Brunswick Real Estate Capital has raised SEK2.6 billion (€267m; £225m) in a first close for its second Nordic senior debt fund. Norway’s largest life insurer, Kommunal Landspensjonkasse (KLP) and Swedish pension fund Pensionsgaranti (PRI) have invested follow on capital, having previously invested in Brunswick Real Estate Capital I.
3 min read · 12 December 2016
Pbb Deutsche Pfandbriefbank has provided a €38 million loan to finance the acquisition of a retail portfolio in Germany.
1 min read · 12 December 2016
Deutsche Asset Management has closed a £57 million refinancing of real estate fund manager Aerium’s property portfolio in London’s upmarket Mayfair district.
1 min read · 12 December 2016
