HSBC has agreed an extension of two existing loans provided to subsidiaries of the UK’s Local Shopping REIT, which is subject to an ongoing wind-down strategy.
1 min read · 22 November 2016
UK shopping centre investor and developer Hammerson has raised £400 million of debt through a US private placement, in what CFO Timon Drakesmith (pictured) said is likely to be the largest such deal by a UK property company.
2 min read · 22 November 2016
Venn Partners has launched the first bond to be issued through the UK government-backed Private Rented Sector (PRS) Guarantee Scheme.
2 min read · 21 November 2016
US private equity firm Lone Star Funds has held a $5.6 billion final close on its 10th flagship fund, through which it is able to invest in residential real estate debt, Real Estate Capital’s sister title, Private Equity International reported.
2 min read · 18 November 2016
The signing of a massive development loan for build-to-rent homes next to Wembley Stadium has brought the UK private rented sector back into the spotlight.
3 min read · 17 November 2016
German pension fund Bayersiche Versorgungskammer (BVK) is ramping up its investment in real estate debt via a €750 million investment mandate awarded to Deutsche Asset Management.
2 min read · 16 November 2016
Capital & Counties Properties (Capco) has appointed Situl Jobanputra (pictured), formerly finance director for its massive Earl’s Court project, as its new chief financial officer to replace outgoing CFO Soumen Das who is joining SEGRO.
1 min read · 16 November 2016
PGIM Real Estate Finance has provided a £75.6 million loan to the consortium of South Korean investors which bought Amazon’s new distribution facility in the UK’s East Midlands, Real Estate Capital can reveal.
2 min read · 16 November 2016
The first circa £700 million of debt capital for the private rented sector (PRS) from the UK government’s £3.5 billion guarantee scheme has been approved.
2 min read · 15 November 2016
Real estate debt fund lender ICG-Longbow has surged past its £750 million ($933 million; €864 million) fundraising target for its fourth vehicle and hit the £1 billion hard-cap, according to Real Estate Capital’s sister title, Private Debt Investor.
2 min read · 15 November 2016
