Almost all lenders expect new European originations to increase or remain stable in the next six months. Some 91% of debt providers contacted by DTZ said their origination volumes will grow or remain the same in the six months to end of September 2015 compared to the previous six-month period. A similar proportion believe the same for refinancing as values continue to recover.
2 min read · 15 July 2015
Major investors holding out on investments until November’s general election are causing an outcry from certain Spanish investment agents.
2 min read · 01 July 2015
PVE Capital, a European credit investment firm, has bought a €408m portfolio of Italian non-performing loans, reports Private Debt Investor, our sister publication. The book comprises residential and commercial real estate loans, with the former making up around 75% of the assets, said Gennaro Pucci, founder of PVE Capital PVE raised a new credit fund from third-party investors in just two weeks in January to support the purchase from a small Italian private bank, Pucci said. He declined to say what the total size of PVE European Credit Fund I is but explained that it holds between 20% and 30% of the Italian NPL portfolio.
2 min read · 31 March 2015
JLL has recruited a new national director to establish a debt advisory business in Spain. Jorge Valenzuela Requena has been recruited from Hill International, the project and construction management business where he was business development director Requena’s role will be to help investors in the country to get the best possible financing terms and prepare […]
2 min read · 14 August 2014