Insight

Hines’ iconic Milanese skyscraper refinanced for €150m

A syndicate of lenders including banks and manager Generali Real Estate provided the loan.

Inside the deal: Cheyne’s £500m development financing of 75 London Wall

Cheyne’s Arron Taggart discusses using back leverage and factoring sustainability into the loan structure.

Term Sheet: Cheyne’s bumper development loan, LaSalle goes big in PBSA, Ashen launches debt vehicle

Cheyne Capital finances 75 London Wall in a major office development loan deal; LaSalle Investment Management provides its second significant student housing deal of 2025; Ashen Capital, established last year, pushes into residential lending; and more in today’s Term Sheet, exclusively for our valued subscribers.

Sirius negates near-term interest rate risks with €350m bond issuance, says CEO

Andrew Coombs says the capital was raised now because of concerns eurozone interest rates could increase.

Natixis provides ICG JV with €125m for Italian retail portfolio acquisition

The acquisition financing represents a 56% loan-to-value.

Savills’ Oakley predicts less extend-and-pretend and more forced sales in 2025

Lenders will ‘become less paternalistic and maternalistic’, said the firm’s head of UK and European commercial research.

Former Fiera executives invest in lending vehicle targeting UK housebuilders

Alex Price and Steven Wright, co-founders of Ashen Capital, have invested in a debt fund alongside lender Sibner Group.

West Coast wildfires are pushing insurance challenges up the agenda

Devastating Los Angeles wildfires this month have put the conversation around the cost and availability of insurance for commercial real estate into much greater focus.