Term Sheet

Term Sheet: Apollo targets Italy’s NPLs, AXA opts for a green bond, banks securitise Brookfield’s UK retail parks debt

Apollo enters an agreement to target distressed Italian property loans; AXA issues a €500 million green bond for its open-ended core fund; Bank of America and Morgan Stanley launch a CMBS for Brookfield’s retail park portfolio; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: AEW targets debt platform growth, Apollo explains its backing of Tristan’s German deal, the BPF urges an end to the UK eviction ban

AEW discusses its plans to double its European debt portfolio; Apollo’s Epply explains why his firm backed Tristan’s German portfolio play; the British Property Federation says the UK commercial tenant eviction moratorium must end; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: PwC warns of empty offices, Deloitte launches debt advisory business, AXA’s Curlow talks about inflation risk

PwC’s occupier survey raises empty office fears; Deloitte makes a key hire for its new debt advisory unit; AXA IM – Alts’ head of research and strategy discusses inflation risk; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Big credit support for Europe’s biggest residential consolidation; senior living’s growing appeal; European REITS make green bond debuts; South Korean insurer’s minority stake in Savills Investment Management

SocGen, Morgan Stanley and BofA back Vonovia’s takeover of Deutsche Wohnen; UK lenders finance growing senior living investment opportunities; Hammerson and Tritax make sustainable bond issuance debuts; Samsung Life takes minority stake in Savills Investment Management; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Blackstone’s new European debt head eyes opportunities; KKR targets retail investors for equity and debt strategies; Allianz finances sustainable Paris redevelopment

Blackstone’s newly appointed head of real estate debt for Europe gears up for business; KKR aims to bring retail investors into private real estate; Allianz Real Estate finances Icawood’s latest sustainable redevelopment in Paris; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: SEGRO and Tritax announce green debt policies; Situs reports few defaults; Canada Life goes long on two world-famous shopping streets

SEGRO and Tritax publish green financing policies; Situs says European real estate loan defaults remain rare; Canada Life goes long with Bond Street and Madison Avenue financing; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Allianz delves into private rented sector lending; Tishman Speyer sources ‘community impact’ loan; Apollo backs Brookfield in Paris

Allianz Real Estate writes its first European private rented sector residential loan; Tishman Speyer sources ‘community impact’ loan from Helaba; Apollo finances Brookfield’s Paris office purchase; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Goldman joins 2021’s CMBS drive; CBRE GI eyes debt growth; European alternative lending pioneer Barakat to leave M&G

Goldman Sachs launches a pan-European offices securitisation; CBRE Global Investors makes key hires as it targets lending growth; John Barakat to leave M&G; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: More UK property debt enters underperforming territory; AEW wins landmark victory; Nuveen prepares to hit debt fundraising trail

Welcome to the first edition of Term Sheet, the new weekly newsletter from Real Estate Capital, for valued subscribers only, landing in your inbox every Wednesday. Starting with a look at data on the UK’s underperforming property loans, AEW’s legal win over non-payers of rent and Nuveen’s plans for a new credit fund.