Southern Europe

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.

Blackstone agrees extension plan for maturing Italian CMBS loans

Noteholders in the retail-focused securitisation will vote on the proposal later this month.

DRC Savills IM provides €38.5m loan for Spanish PBSA refinancing

The three-year facility to developer Princeton Investments has been originated at 60% LTV.

Nuveen refinances four Cheyne and ARA Spanish PBSA loans

The Chicago-based manager has provided a €70m facility to developers Amro Partners and Falco Capital.

Cain provides €74m loan for Spanish PBSA scheme

The financing for the 585-bed Vita Student project in Madrid is the lender’s first in Spain.

Kinetic and Kayne Anderson JV originates first Continental European PBSA loan

The partnership, Rhize Capital, has provided a €100m loan for two schemes in Italy.

Cheyne backs Bain’s Italian residential projects with €250m loan

The lender, which is financing two developments in Milan, sees strong demand for build-to-sell housing in the country.

Three Stars Capital Partners on guiding clients in an era of higher rates

Mauro Savoia discusses the challenges facing borrowers and the options available in the current economic environment.

Blackstone closes €680m Spanish hotel portfolio refinancing

The US manager has sourced debt including €310m of mezzanine for 15 hotels.