Term Sheet

Term Sheet: A failed takeover of Aareal, another UK rate rise, a sunny view on London offices

Shareholders see the value in sticking with Aareal; the UK’s latest rate rise gives property debt professionals something to ponder; Knight Frank forecasts hint at strong demand for London offices; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Oaktree’s biggest real estate debt fund yet, Ares’ European property lending strategy, Europa and Frasers’ sustainable financings

Oaktree’s shifting deployment strategy for third debt fund; Ares brings its property lending expertise to Europe; Europa and Frasers loans demonstrate growth in the sustainable real estate finance market; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Carlyle’s UK resi development lending drive, Allianz’s debt platform growth, a record year for European investment

US private equity firm Carlyle’s partnership with specialist lender Précis Capital Partners targets the UK residential development market; Allianz Real Estate’s debt platform growth features more transitional property loans, more green loans and more third-party capital: large platform acquisitions helped make 2021 a record year for European investment, according to CBRE; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Berlin Hyp’s green plans, Cheyne’s French logistics debut, Mount Street’s Greek and Cypriot NPL drive

German bank Berlin Hyp’s €500 million bond provides funding for its EU Taxonomy-aligned loans strategy; alternative lender Cheyne Capital makes further inroads in France through the logistics market; Mount Street sees opportunity in Greece and Cyprus with new NPLs JV; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: PGIM’s €1.8bn debt fundraise, Starwood’s London regeneration financing, a new institutional backer for Octopus

PGIM Real Estate sets out its deployment plans after closing its latest debt fund on €1.82 billion; Starwood Capital lends big against a London retail redevelopment; Octopus Real Estate targets small-ticket loans market through new partnership; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: REC Europe’s 2021 awards launch, Carlyle’s big bet on niche properties, Schroders’ impact benchmark

The Real Estate Capital Europe awards go live; Carlyle focuses on niche properties for its largest-ever fund; Schroders launches its own impact benchmark; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Finloop’s drive to digitalise Dutch financing deals, why Starz revived the European CRE CLO market, lenders ponder single-family rental

Fintech firm Finloop’s deal with a debt broker could expand avenues to finance in the Dutch real estate sector; Starz Real Estate CEO David Arzi argues the case for CRE CLOs as a funding structure for alternative lenders; institutional interest in UK single-family rental presents real estate lenders with a new type of residential to finance; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: NREP’s ambitions in real estate credit, Octopus’s largest property debt fund yet, JLL’s non-performing loans prediction

Nordic private real estate manager NREP views its expansion into Europe’s credit market as a way to influence the improvement of the built environment; UK specialist lender Octopus Real Estate sees a continued need for flexible finance as it closes its largest lending fund to date; consultant JLL predicts a rise in European non-performing loans; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Aareal’s potential private equity future, AEW’s tip for 2022’s best-performing sector, Oaktree-backed Silbury’s luxury retirement scheme financing

The board of German bank Aareal sees a bright future in private equity ownership; lender competition is poised to heat up on AEW’s positive 2022 outlook for prime shopping centres; Oaktree-backed Silbury leans into the UK luxury retirement living sector with new loan; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: LaSalle’s target-hitting debt fundraising, AXA ‘s sheds fund bond, Grosvenor’s first green financing

LaSalle Investment Management’s €1.1 billion latest fundraise demonstrates investor interest in European real estate debt; AXA continues to tap the green bond market to finance its core funds; UK property company Grosvenor refinances Spanish asset with its first green loan; and more in today’s briefing, exclusively for our valued subscribers.