Term Sheet

Term Sheet: Lenders back repositioning projects, Cerberus snaps up Spain’s Jaguar portfolio, and Goldman loses a long-time real estate credit executive

Berlin Hyp and BentallGreenOak back repositioning projects in Amsterdam and London; Cerberus acquires Spain’s biggest distressed portfolio of the covid era; credit veteran Peter Weidman leaves Goldman Sachs; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Morgan Stanley launches London office CMBS, Aviva provides £276m sustainable loan to Bruntwood, Cain sources €100m for its German debut

US lender Morgan Stanley launches a securitisation of a loan backing London’s Aldgate Tower; Aviva provides a £276 million (€323 million) sustainable loan to UK landlord Bruntwood; Cain International and FREO Group source €100 million of bank debt for their Munich development; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Lone Star returns to UK hotels as a lender, Incus Capital prepares its next credit fund, private real estate’s most influential women recognised

Lone Star makes its return to the UK hotels market with a £100 million-plus loan; Madrid-based Incus Capital targets a new €500 million credit fund with real estate debt in the remit; the private real estate industry’s most influential women are recognised; and more in today’s briefing, exclusively for our valued subscribers.

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.