Europe

Panattoni eyes UK speculative logistics with £625m revolving credit facility

A syndicate of three lenders provided the loan, arranged by JPMorgan.

RoundShield closes €920m credit vehicle amid ‘challenging’ conditions

The firm’s co-founder says fundraising in today’s market requires more effort than three or four years ago.

Borrower view: CTP on the lure of unsecured debt

The logistics owner’s CFO and head of investor relations discuss finance market conditions.

REC Europe’s Active Lenders 2024: We want to hear from you

Our annual run-down of those actively financing European real estate will be published in December.

Brookfield puts London’s Citypoint tower on the market

The debt secured on the 36-storey office building is due to be repaid in January 2025.

Lending data: Offices remain a key destination for lender capital

The office sector may not have the best reputation currently, but it is still attracting large volumes of real estate lender capital, indicative data compiled by Real Estate Capital Europe shows.

Hotel Marjan: Unloved seaside resort gets 1960s revival

Hotel Marjan is set for a modern revival under Maistra Hospitality Group, backed by a €200m sustainability-linked loan from the IFC.

Intu’s administrators and Nuveen seek €228m refinancing for Xanadú

The senior debt held against the Spanish shopping centre is due to mature in March 2025.

Market pulse: Lenders hunt for acquisition financing opportunities

With interest rate cuts setting the stage, European real estate lenders are gearing up for increased loan origination in 2024, particularly in the acquisition and development sectors.

Savills’ Down: Rate cuts do not necessarily mean better pricing

Those expecting values to be correlative to debt ‘are holding out for something that won’t happen’, says the capital markets executive.