Europe

UK shopping centres CMBS loan in line for 50% loss

The special servicer has accepted a bid for the underlying assets, which were hit by the crisis in UK retail.

Citi leads €720m Nordic flexible offices refinancing

The debt was provided to Finnish company Technopolis, owned by manager Kildare.

German lender sentiment has improved, survey shows

Lower liquidity costs are among the key factors, according to Stuttgart-based BF.direkt.

ECB rates cut receives measured welcome by industry

Real estate market participants do not expect a significant immediate change in debt market conditions.

UK election: How concerned are real estate investors?

With the country set to elect a new governing party for the first time in 14 years, industry executives consider the implications.

Sweden’s central bank calls for ‘more transparency’ around property values

The Riksbank wants property companies to better explain valuation methods to shore up confidence in real estate.

Lending slowdown takes its toll on pay

Growth in compensation across Europe’s real estate debt market was largely absent in 2023, according to the annual compensation survey by executive recruiter Sousou Partners, shared with Real Estate Capital Europe.

Why Cheyne is primed for a decade of lending

Ravi Stickney, leader of the firm’s real estate business, says it is crucial to know when to lean in and when to pull back from the financing market. And now is the time to lean in, he says.

Roundtable: Opportunity in Europe tempered by complexity

Conditions in European real estate debt markets favour alternative lenders. But sluggish investment activity is picking up only slowly, and underwriting remains challenging, say roundtable participants.

Debt Fund 30 reflects sluggish fundraising year

Volume of capital raised by the leading managers grows, but the year-on-year increase is marginal.