Europe

DRC Savills IM provides €38.5m loan for Spanish PBSA refinancing

The three-year facility to developer Princeton Investments has been originated at 60% LTV.

LBBW and KfW back German residential portfolio acquisition

The loan, to developer ZAR Real Estate, includes capex for an ESG-focused upgrade of the properties.

Apollo Global Management on why Europe faces a year of opportunity

After a period of recalibration, opportunities abound in European real estate lending, says Apollo’s Ben Eppley.

Mount Street on why the European market demands patience and agility

After a difficult 2023, this year may offer more certainty, says Mount Street’s Paul Lloyd.

REC Europe Awards 2023: The winners revealed

The industry had countless challenges thrown at it in 2023, but the winners in the Real Estate Capital Europe Awards demonstrated their resilience.

OakNorth and ASK Partners on making lending work in the new world

OakNorth’s Ben Barbanel and ASK’s Daniel Austin discuss the strategic partnership aimed at lending through economic cycles.

The opportunities in Germany outweigh the challenges, says PIMCO

Lending in German markets will remain a core focus for the firm, according to PIMCO’s Roman Kogan and PIMCO Prime Real Estate’s Roland Fuchs.

German partnership formed to advise lenders on ‘broken’ developments

Two domestic managers, Silverton and Pöttinger, have paired up to offer advice in cases where schemes have stalled.

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.