Germany

McArthurGlen’s Epstein on sourcing a €214m outlet retail refinancing

The loan, secured against a German designer outlet village, was underwritten by Aareal Bank.

Fortress ringfences €1bn for whole loans strategy in Germany

The US manager aims to source refinancings and acquisition loans via German adviser FAP Group.

Whole loans and stretched senior overtake mezzanine in Germany, says adviser

Mezzanine financing in Europe’s largest real estate market is playing less of a role, according to the report.

Alternative lenders look for opportunities amid Germany’s real estate crisis

German banks face huge uncertainty as the country’s real estate sector gradually resets. Private debt managers are aiming to capitalise on the disruption.

Roundtable: A fresh take on Germany’s future

Real estate specialists say the country’s market needs innovative lending solutions

Alternative lenders step in to finance German recovery

Non-bank lenders are finally being compensated for risk in Europe’s largest real estate market and have a crucial role to play in capital restructuring, according to PIMCO’s Roman Kogan and PIMCO Prime Real Estate’s Roland Fuchs.

Apollo’s Demire extends bond debt ahead of maturity

The €499m bond, due to mature in October, was restructured with the help of a €100m loan from majority shareholder Apollo.

BF.capital puts the focus on transition with its second debt fund

Subsidiary of debt advisory firm BF.direkt has launched a debt fund to assist German developers with improving the energy efficiency of their portfolios.

Why Spain’s Incus has Germany in its sights

The alternative lender says the opportunity includes recapitalising stalled developments.