Europe

Cheyne brings lending to retirement living developer to £460m with latest loan

The manager has provided a £143m debt facility for a third later living development by Goldman Sachs-backed Riverstone.

Puma tackles the social aspect of ESG through impact lending initiative

The UK development lender is aiming to incentivise borrowers to bring forward schemes with societal benefits.

Carlyle finances Round Hill BTR scheme with £115m loan

The facility will fund the development of a luxury rental apartment scheme in Manchester.

BGO writes £104m loan in ‘chronically undersupplied’ Cambridge life sciences sector

The firm provided the construction loan through its UK Secured Lending Fund III.

Vonovia grows investor base with Swiss franc bond

The German residential landlord issued CHF 150m of unsecured notes, shortly after issuing a sterling bond.

Alantra partners with Spanish family office for debt expansion

Ion Ion has bought a stake in the firm’s credit platform and will seed strategies including for real estate debt.

‘Jingle mail’ should remain a last resort for borrowers

Andrew Coombs, CEO of Sirius Real Estate, argues sponsors should think carefully before handing back keys to lenders.

BGO defies fundraising slump to raise €1.38bn for European credit vehicle

Despite a significant slowdown in fundraising activity last year, the US manager surpassed its target volume.

Cain provides €74m loan for Spanish PBSA scheme

The financing for the 585-bed Vita Student project in Madrid is the lender’s first in Spain.

Inside the deal: Macquarie takes on refinancing of Cain’s The Stage

The Australian firm was sole provider of a £188m loan for the residential part of the London scheme.