Europe

Why NorthWall provided €120m of mezzanine in Finland

The subordinate loan was part of the €720m refinancing led by US bank Citi of Finnish flexible office operator Technopolis.

Hammerson and PIMCO refinance Irish shopping centre for €350m

The loan, for Dundrum Town Centre, replaces an existing €570m facility due to mature in September.

Related Argent taps NatWest for Kings Cross BtR development refinance

The £85m loan from NatWest will replace existing construction debt from Oaktree Capital Management.

Analysis: Spanish PBSA lending market poised for growth

The country leads European student accommodation investments, while having the lowest bed provision rate on the continent.

Barclays originates its largest-ever social housing trade facility for SNG

The unsecured £50m facility will be used for the development of 25,000 new homes over the next 10 years.

Analysis: KKR calls the end of the real estate beta trade

The report, penned by senior executives Ralph Rosenberg, Billy Butcher and Racim Allouini, underscores how low interest rates are no longer the anchor for valuating commercial real estate assets.

Santander AM debt fund originates first loan in Ireland

The loan will refinance debt on a Dublin co-living property, an emerging segment of the residential sector.

Inside the deal: Apsys redevelops Bordeaux urban area with €347m green loan

Apsys CFO says lenders to the Canopia project were convinced by its ‘pioneering’ environmental credentials.

BF.capital puts the focus on transition with its second debt fund

Subsidiary of debt advisory firm BF.direkt has launched a debt fund to assist German developers with improving the energy efficiency of their portfolios.

ADIA backs Arrow’s lending strategy with $400m commitment

In its latest foray into European real estate debt, the investor has committed to a living sector financing strategy.