Insight

Inside the PERE 100 with BGO and APG

The PERE Podcast breaks down PERE’s latest manager ranking and a shifting capital formation landscape with BGO’s John Carrafiell and APG’s Robert-Jan Foortse.

Term Sheet: The 2025 PERE Credit 50 revealed; Section 899’s fundraising impact; Northwestern’s industrial upscaling

Real estate debt managers trade places and hold ranks with the release of 2025’s PERE Credit 50; the Trump administration’s latest budget proposal could hinder international capital raising efforts for US managers; Northwestern Mutual doubles down on New Jersey industrial development with $300 million financing; and more in today’s Term Sheet, exclusively for our valued subscribers.

Heyford Park: A new era for a former military airbase

How a wartime airfield has gone from RAF to residential.

Term Sheet: The Debt Fund 30 revealed, Savills highlights competitive landscape, compensation trends explored

The latest edition of Real Estate Capital Europe’s Debt Fund 30 reveals a drop in fundraising across the ranking; consultant Savills describes a competitive UK real estate lending market at its latest Financing Property event; recruiter Sousou Partners shares data with REC Europe showing the latest trends in industry compensation; and more in today’s briefing, exclusively for our valued subscribers.

Lending data: More deals, greater volume

Industrial and logistics accounted for most of the recent lending, with €3.3bn issued during the period.

Savills: 30-plus lenders often compete for individual UK deals

At its London presentation, the adviser said lenders from 47 countries are active in a competitive UK market.

Northwestern Mutual closes $300m industrial development loan

Advance Realty and Greek Development will use the funding for phase two of Linden Logistics Center in New Jersey.

International banks compete for Ireland’s prime property debt deals

Standard Chartered is the latest to provide a big-ticket loan in what debt advisers describe as a competitive market.

Compensation survey: Lenders look after junior staff

Younger members of real estate lending teams could expect bigger bonuses last year, according to data from recruiter Sousou Partners.

Loans in focus: Standard Chartered issues a €238m loan in Dublin; Goldman Sachs provides a £420m facility to Blackstone; ING Real Estate issues £62m of debt for London’s Wembley Gardens

Standard Chartered issues a €238 million green financing backed by one of Dublin’s tallest buildings; Goldman Sachs provides a £420 million (€499 million) loan to New York-headquartered manager Blackstone and UK residential property company Regis Group; ING Real Estate issues a £62 million senior investment loan to refinance UNCLE Wembley Gardens; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.