Europe

Aviva Investors’ McHugh: No need to ‘tilt the portfolio’ from offices

After five years of transitioning its real estate portfolio, the £47bn investor remains resolute when it comes to the workplace.

NatWest’s expected UK NPL sale seen as blueprint, pricing floor for retail sector

Sector specialists say the anticipated sale will create a way forward for lenders and investors working on distressed shopping centres in the country.

The building behind the loan: The renovation of a local landmark

Following a purchase by development and asset management firm W.RE, plans to renovate Arding & Hobbs are underway, spurred by a £55m loan from BentallGreenOak to redevelop the property.

The borrower view: Bruntwood SciTech’s Lawlor on how covid has boosted lender interest in life sciences

Kate Lawlor, the firm’s chief executive, says the pandemic has prompted a growing number of debt providers to be willing to fund the sector.

Nabiax’s CFO on sourcing €320m for Spain’s biggest data centre debt deal to date

Iván Paja, the data centre specialist’s chief financial officer, says the financial strength of the firm’s investors and tenants has allowed it access to a healthy pool of funding options since inception.

CREFC sentiment survey: Positive momentum builds in real estate debt professionals’ outlook

Organisation’s latest survey shows continued improvement in how property debt professionals view conditions.

Barclays and HSBC grow UK buy-to-let residential exposure with £150m investment

The investment will allow UK fintech firm LendInvest to expand its mortgage lending strategy, with a focus on environmental upgrades.

Delancey’s Brown: ‘The opportunity is both structural and cyclical’

The UK property investor and developer is entering the lending market at what Lorna Brown, its head of capital markets, considers an opportune time.

Aukera targets larger loans with the launch of its second debt fund

The German property finance boutique says potential club deals between its two credit funds will enable it to provide higher debt volumes per transaction.

MetLife’s Prince: The Dutch office market has ‘structurally repositioned’

Following an €88m financing in the Netherlands, the US manager’s real estate finance director says the country’s office sector is no longer blighted by oversupply.