Term Sheet

Term Sheet: Brookfield’s defaults, Amundi’s fundraising, Evora’s climate warning

Brookfield’s defaults point to trouble ahead in the US office sector; Amundi hits the fundraising trail as it sees a renewed liquidity premium, Evora Global’s property investor survey demonstrates the impact of climate change; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Blackstone denied loan extension, abrdn’s continental expansion, a record loan in Warsaw

Blackstone’s request for an extension to a major Finnish loan denied by CMBS noteholders; abrdn sees continental European opportunity as it plans a new lending vehicle; HB Reavis says record Warsaw loan bodes well for future developments; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Blackstone’s loan extension request; EDR REIM’s fundraising landmark; Prologis’s bond issue

Blackstone’s loan extension request hints at challenging market conditions; Edmond de Rothschild REIM sees opportunities in UK lending; Prologis taps the bond market; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: AEW’s €51bn debt gap warning, Generali and Blackstone’s fundraising targets, Pluto’s key hire

AEW’s revised estimate of the debt funding gap facing the UK, France and Germany illustrates the scale of the industry’s refinancing challenge; Generali and Blackstone’s debt fundraising targets indicate lending strategies remain attractive to investors; Pluto’s hiring of Phil Hooper from NatWest hints at its ambitions; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: QuadReal and Precede’s first deal, Goldman’s NPL sale, Knight Frank and Berkadia’s partnership

Manchester financing gets QuadReal Property Group and Precede Capital’s partnership off the ground; Goldman Sachs’ Spanish NPL sale hints at uptick in portfolio sale activity; Knight Frank seeks new routes to debt capital for clients through Berkadia partnership; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Chenavari’s continental debt strategy, Kennedy Wilson’s green financings, debt’s growing appeal to investors

Chenavari’s new Paris-based business provides a platform for continental European lending strategy; Kennedy Wilson’s triple Irish financing deal comes with green conditions; ANREV, INREV, and PREA’s latest survey shows investors are pivoting to debt; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: QuadReal’s UK lending plan, Allianz Real Estate’s new name, REC Europe Awards voting to close

Vancouver-based QuadReal’s entrance to the UK lending space via its Précis partnership signals another significant entrant; Allianz Real Estate’s new name to reflect the prime assets it manages; voting soon closes in the Real Estate Capital Europe Awards 2022; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Goldman kick-starts debt fundraising, Kennedy Wilson looks forward to lending in 2023, debt cost rises take toll on Germany’s lenders

Goldman maintains fundraising enthusiasm as it amasses money for its fourth debt fund; abrdn breaks swap for a better deal; under-fire Kennedy Wilson flags its positive lending activities across 2022; global mega-managers anticipate a treacherous 2023; Germany’s real estate lenders are gloomier than ever; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Blackstone’s gated REIT, Citi’s value plummet prediction, Cheyne’s high-end hotels loan

Blackstone’s gated private REIT is a sign of things to come as investors seek liquidity; Citi’s prediction of a sharp decline in London office values spells concern for lenders; Cheyne Capital’s European hotels loan hints at lender demand for lifestyle hospitality deals; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: WDP’s €440m logistics loan, SEGRO’s oversubscribed bond issue, tributes paid to SitusAMC’s Chip Good

Belgian logistics owner WDP benefits from existing hedging in €440 million financing deal; SEGRO’s sterling bond issue tests investor demand; tributes paid following the passing of SitusAMC’s Chip Good; and more in today’s briefing, exclusively for our valued subscribers.