Thailand’s Golden Ventures REIT aims to raise 10 billion baht ($283 million; €258 million) to invest in the leasehold rights of two Grade A office buildings in Bangkok’s prime area. The REIT was set up by Univentures and Golden Land, two of Thailand’s major property developers.
2 min read · 10 March 2016
AnaCap Financial Partners and Arrow Global Limited have bought a €127 million Dutch loan portfolio from Amsterdam-based lender GE Artesia NV.
2 min read · 10 March 2016
Banking and finance partner Ian Frost has joined the Finance Practice of law firm Vinson & Elkins in London. He was previously a partner in the London office of Freshfields Bruckhaus Deringer.
1 min read · 09 March 2016
Bank of America Merrill Lynch (BAML) has provided a €575 million loan to refinance the Certeum portfolio of Finnish logistics properties, which is majority owned by Blackstone and sits within its Logicor platform.
2 min read · 09 March 2016
The four-year loan includes $80 million up front and an additional $82 million of future funding for a sweeping renovation of the century-old property.
2 min read · 09 March 2016
Commercial real estate prices in the US declined in January for the first time since 2010, an indication that the six-year climb of property prices may have reached a peak, experts say.
2 min read · 08 March 2016
Berlin Hyp has become the first German bank to issue a Pfandbrief covered bond with a negative issue yield.
2 min read · 08 March 2016
The deleveraging process in China is “progressing relatively slowly thus far” according to a report titled “Deleveraging, Destocking and Rebalancing”, authored by Hang Seng Bank acting chief economist Thomas Shik.
2 min read · 08 March 2016
Capital One has provided a $150 million loan to an affiliate of Jack Resnick & Sons to refinance a 417,000 sq ft Class A office building at 215 Fremont Street in San Francisco’s South of Market District (SoMa).
1 min read · 08 March 2016
Neil Hasson, the former head of European real estate lending for Macquarie, has been hired by Investcorp to spearhead its European property investment programme.
2 min read · 08 March 2016