Merlin Properties has issued an €800 million, unsecured 10-year eurobond to refinance a bridge loan made to its latest and largest acquisition, Metrovacesa.
2 min read · 28 October 2016
Lenders are increasing their exposure to German construction projects, while finance for UK development remains constrained.
3 min read · 27 October 2016
Pbb Deutsche Pfandbriefbank has provided a €150 million loan for an 18,500 square metre Paris office development. The scheme is the redevelopment of the Centre Marine Pépinière, two buildings at 15 rue Laborde in the 8th district in the city’s central business district.
1 min read · 27 October 2016
ICG-Longbow is planning to change the investment strategy of its listed senior debt fund in the face of lower returns achievable for UK senior property debt.
2 min read · 27 October 2016
Real estate loan servicer and debt adviser Situs has appointed a new chief executive officer to lead its European business as it aims to expand its operations in the region.
2 min read · 27 October 2016
ASK Property Investment Advisors, the private equity arm of Indian financial group ASK, has launched a INR2 billion special situations fund in the residential real estate market.
1 min read · 26 October 2016
Allianz Real Estate is aiming to expand its European commercial property lending strategy to the UK market.
2 min read · 26 October 2016
UK-based shopping centre investor and developer Intu Properties is aiming to raise £350 million of capital through an issue of convertible bonds.
1 min read · 25 October 2016
Deutsche Bank’s Spanish arm has completed the sale of a non-performing loan portfolio with a face value of €430 million, significantly reducing its non-core loan book in the country.
2 min read · 25 October 2016
ING Real Estate Finance (REF) has appointed Julián Bravo as the head of its Spanish and Portuguese division.
1 min read · 24 October 2016