St Modwen Properties, the UK real estate investor and developer, has sourced a £475 million (€538 million) unsecured revolving credit facility from a syndicate of banks.
1 min read · 20 December 2017
French alternative investment fund manager Zencap Asset Management has closed its second real estate debt fund, focused on providing credit to value-add and opportunistic deals.
2 min read · 19 December 2017
Patrizia’s supersonic year of growth finishes with the €7.8 billion capture of the London-based pan-Europe-focused private equity real estate firm.
3 min read · 19 December 2017
French fund manager Amundi is aiming to build on its track record in real estate investment by entering the property lending market.
3 min read · 18 December 2017
German bank pbb Deutsche Pfandbriefbank has provided a €140 million loan to local developer Gerchgroup to fund a land acquisition in Cologne, Germany.
1 min read · 15 December 2017
Deutsche Hypo’s purchase by one of its rival real estate lenders could prove a canny move.
3 min read · 14 December 2017
UK-based property company Regional REIT has signed a £165 million (€188 million) secured loan with Scottish Widows, through its partnership with Lloyds Bank’s Bank of Scotland, and Aviva Investors.
1 min read · 14 December 2017
The firm’s Europe debt head Jim Blakemore (pictured) says fundraising for the regional vehicle was ‘a lot easier’ than it was for its first UK debt product thanks to investors being more comfortable with the strategy nowadays.
3 min read · 13 December 2017
Poland’s Bank Pekao has written a €200 million loan to refinance the Galeria Północna retail park in Warsaw.
1 min read · 13 December 2017
LBBW, Aareal and pbb have reportedly submitted offers to buy the German mortgage bank, with a final decision on its sale due in January.
3 min read · 13 December 2017