Insight

Cheyne provides £500m development loan for London office transformation

The financing will back the redevelopment of Deutsche Bank’s former London HQ into a sustainability-focused office scheme.

Term Sheet: UK economic turmoil, Värde’s brace of loans, Close Brothers’ strategic hire

With gilt yields reaching post-GFC highs, the UK’s economic issues threaten to impact real estate lending; US manager Värde Partners completes two significant lending deals, indicating the opportunities for non-bank lenders; Close Brothers hires from CBRE as it pushes into student housing and build-to-rent lending; and more in today’s Term Sheet, exclusively for our valued subscribers.

How the UK’s economic trouble could impact real estate borrowing

Bond demand, loan pricing, and credit quality could be impacted by the current turmoil, says Chatham Financial’s Jackie Bowie.

Värde refinances European hotel portfolio with €225m loan

The assets consist of two Spanish hotels and one situated in the UK.

LaSalle lends £68.7m to Vita’s Birmingham PBSA scheme

The green loan will support the development of two city centre tower blocks.

ICG’s £50m loan to Castleforge signals lender interest in UK data centres

Redhill Data Centre, in southeast England, is operational with a 26 megavolt amperes capacity.

Term Sheet: Lender hopes are high for better conditions in 2025; Brookfield grapples with London office debt; Knight Frank shows growing appetite for UK hotels

Term Sheet is back for the new year, with lending industry hopes high for an improved market; Brookfield tackles debt maturities on two London office assets; Aareal Bank issues a large-ticket loan for Polish and German logistics; and more in today’s Term Sheet, exclusively for our valued subscribers.

Apollo’s Eppley explains why the firm was drawn to Canary Wharf

Ben Eppley, partner at the US manager, explains the reasoning behind issuing a £610m loan against the estate’s retail assets.

Brookfield granted £460m Citypoint debt extension after planned sale stalls

The Toronto-based manager wanted to find a buyer for the London office tower by 20 January, prior to the expiration of the underlying commercial mortgage-backed securities loan.