Europe

Why everyone is talking about private real estate debt

The big opportunity, managers argue, is in real estate credit. But while many investors’ attention has pivoted to the asset class, their capital is yet to follow.

Nuveen refinances four Cheyne and ARA Spanish PBSA loans

The Chicago-based manager has provided a €70m facility to developers Amro Partners and Falco Capital.

QuadReal-backed Precede makes first loan to BlackRock residential JV

The London-based lender this week provided a £105m facility for a BTR scheme in the UK capital.

Confidence emerges in European real estate markets as transactions resume

Inflation and geopolitical problems remain, but evidence is growing that property values may not fall much further, say experts.

CREFC sentiment survey: Optimism grows over economic outlook

Sentiment index score for overall market conditions goes into positive territory for first time since Q1 2022.

Europe’s real estate lenders face €14.5bn of losses, warns AEW

In its latest research, the manager forecasts a 7.5% default rate across loans originated during 2018-21.

LaSalle appoints debt-focused investor relations professional

Isabelle Brennan, formerly of managers CBRE IM and M&G, will begin in the newly created role in May.

Engineering loans for the data centre gold rush

Real estate managers and lenders are increasing their bandwidth for risk with data centre transactions. But financing the sector requires a unique approach.

Cheyne builds student housing exposure with £400m of loans

The manager has provided two construction loans to developer Dominus for schemes in London.

ICG Real Estate to target €2bn for pan-European property credit vehicle

The manager is in talks with potential investors for its ICG Real Estate Debt Fund VII.