Germany

REC Europe Awards 2025: Mid-market, small-ticket, sector and sustainable lenders

Meet the firms that took the prizes in the specialist lending categories.

BGO on dependability becoming the differentiator

In a landscape defined by unprecedented geopolitical volatility, dependability has become the ultimate currency in real estate finance, says BGO’s Jim Blakemore.

PGIM lends €325m against grocery-anchored German retail portfolio

The refinancing of 85 assets was provided to retail owner Centerscape.

Bayview targets German funding gap through €500m debt JV

The US firm has written its first loan in the country, in partnership with Swiss manager Patrimonium.

Standard Chartered and CACIB provide €210m for Berlin data centre

The loan supports the construction of Virtus Data Centres’ Marienpark campus.

Lender club including NORD/LB provides €1.8bn data centre financing

The loan refinances German operator Maincubes’ existing portfolio and allows for further expansion.

Pbb sells first-loss positions of $2bn US real estate portfolio

The German bank has completed its first SRT transaction with Oaktree Capital Management as it winds down its US business.

Redevco lends €67m in second loan transaction

The Dutch manager has backed the delivery of German logistics properties for Invesco and Propel.

What German debt brake reform means for real estate lenders

Germany’s fiscal revolution has raised hopes for the economic outlook, but the country’s struggling property industry is yet to feel tangible benefits.

Peach advances recapitalisation plan with €410m Castlelake refinancing

The loan will be used to help repay unsecured bond debt and other secured financings.