Sales at Banco Popular and BBVA, however, are a substantial chapter in the country’s broken debt clean-up story, writes Juan Barba, managing director at Meridia Capital.
3 min read · 28 August 2017
The New York-based firm will finance the deal mostly through debt as it uses equity from its €7.8 billion Europe V fund.
3 min read · 09 August 2017
Bain Capital Credit has acquired a portfolio of non-performing loans (NPL) with a nominal value of €385 million from the Italian bank Banco Mediocredito del Friuli Venezia Giulia, according to Real Estate Capital’s sister title, Private Debt Investor.
2 min read · 04 August 2017
Allianz Real Estate has made its first debt investment in the Italian market, participating in the financing of a mixed-use property in central Milan, arranged by French bank Natixis.
2 min read · 19 July 2017
Bain Capital Credit has taken its first step into the Portuguese market with the acquisition of real estate loans that have a total outstanding balance of €476 million from a local bank, as well as loans from a Spanish bank at a par value of €489 million.
2 min read · 12 July 2017
Spain and Portugal look set to feature prominently in the European real estate loan sales market during the second half of 2017, with investment banking firm Evercore reporting €44.1 billion of live sales in Iberia at the mid-year point.
3 min read · 12 July 2017
LaSalle Investment Management has written its first loan in the Spanish market, financing the purchase of a student housing portfolio for sector specialist GSA.
2 min read · 11 July 2017
CBRE has hired Martina Muehlhofer to lead the Italian arm of its Capital Advisors business, as it aims to expand the finance-focussed division across Europe.
1 min read · 15 May 2017
Natixis and BNP Paribas have written a €250 million loan to finance Data4, a pan-European owner of data centre properties.
1 min read · 05 May 2017
A closed-end Italian real estate fund managed by Savills Investment Management has sourced a €72 million term loan from ING Real Estate Finance, secured by a portfolio of prime shop units in Milan and Florence.
1 min read · 01 March 2017