The Commercial Real Estate Finance Council (CREFC) Europe is reaching out to the next generation of the property finance industry with the inaugural event in a young professionals initiative to be held in London this evening (6 July).
1 min read · 06 July 2016
The US CMBS delinquency rate moved moved 25 basis points higher in June to 4.60 percent, marking the fourth straight month of increases, according to Trepp’s monthly report.
2 min read · 06 July 2016
Many experts believe that Brexit will create a flight to quality into US commercial real estate, but foreign money is likely to increasingly target secondary markets, one prominent real estate lawyer tells Real Estate Capital.
2 min read · 05 July 2016
M&G Investments, the investment arm of pension fund Prudential, has become the third UK firm in two days to suspend trading in one of its real estate vehicles, reported Real Estate Capital’s sister title, PERE.
2 min read · 05 July 2016
The day after 52 percent of referendum voters in the UK cast “leave” votes, US Treasury yields had dropped to the lowest rate in five years, and US stocks have been battered. But CRE lenders remain confident that the US real estate finance markets could benefit as the picture in the UK becomes bleaker.
2 min read · 05 July 2016
Canada Life Investments has provided a £33 million long-term loan to the owner of an estate located around the King’s Road in London’s upmarket Chelsea area.
1 min read · 05 July 2016
ING Real Estate Finance (REF) has hired a new managing director and head of origination for Germany as it attempts to expand its commercial property lending operation in the country.
2 min read · 05 July 2016
The Bank of England continued its response to the Brexit vote today by freeing UK bank reserves to encourage them to keep lending. The governor of the Bank of England, Mark Carney said the central bank had reduced regulatory capital buffers by £5.7 billion to help boost lending to households and businesses.
2 min read · 05 July 2016
IEF Capital, the owner of a portfolio of high street retail properties in the Netherlands, has completed the repayment of more than €1 billion of legacy CMBS debt after refinancing the outstanding €480 million held against the assets.
3 min read · 05 July 2016
Standard Life Investments (SLI), the asset management arm of insurer Standard Life, has suspended trading in its £2.9 billion UK property fund, Standard Life Investments UK Real Estate, following a rapid increase in redemption requests since the Brexit vote, Real Estate Capital’s sister publication, Private Equity Real Estate reported.
3 min read · 05 July 2016
