Insight

Shaftesbury to reduce net debt following £570m Covent Garden stake sale

The REIT will retain control of the £380m of existing debt following NBIM’s 25% stake in the estate.

‘The pensions want in’: What Jadian’s $2bn fundraise suggests about niche strategies

On The PERE Podcast, Jonathan Brasse, Harrison Connery and Greg Dool examine a blockbuster capital raise for the emerging opportunistic manager.

Maslow’s €30m bridging loan kickstarts Madrid conversion scheme

Roger Ramos, head of origination in Spain at the firm, says residential is Maslow’s most favoured asset class in the region.

Decarbonisation remains critical despite ESG backlash, say managers

Market forces will keep sustainability on the agenda, according to attendees at the annual MIPIM conference.

Term Sheet: UK REITs in play, CMBS spree continues, I-RES refinances

As US firms target UK REITs, Real Estate Capital Europe considers the financing implications; A second Blackstone CMBS this year comes to market; Ireland’s I-RES secures €900 million in a major refinancing; and more in today’s briefing, exclusively for our valued subscribers.

MIPIM 2025: Liquidity and macro concerns dominate discourse

Delegates at the annual event described strong lender appetite but raised concerns about the political and economic backdrop.

Aareal Bank’s latest financials lay out plans for loan book growth

The German lender revealed plans to expand its loan portfolio to €37bn by 2027.

Term Sheet: The view from MIPIM, Blackstone’s $8bn debt fundraising, back leverage analysed

Real Estate Capital Europe’s editorial team reports on the buzz at MIPIM in Cannes; Blackstone raises $8 billion as it targets debt markets; back leverage is the topic of our latest podcast; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: MIPIM’s repeat mood; RMWC’s hybrid launch; Zenith’s IOS expansion

Stateside volatility is a global concern for real estate debt and equity managers as heard this week at MIPIM; RMWC is setting up its flagship real estate debt strategy with the launch of a hybrid evergreen fund; Zenith IOS refinances a 30-asset industrial outdoor storage portfolio to maintain national exposure; and more in today’s Term Sheet, exclusively for our valued subscribers.