Southern Europe

Roundtable: Spain’s lending market adjusts to tough times

The country’s real estate financing market is much better positioned to weather this economic crisis than the last one, argue the participants in Real Estate Capital Europe’s Spain roundtable.

The building behind the loan: Hotel Danieli maintains its splendour

The Venetian icon, and one of the world’s leading hotels, is in line for a thorough refurbishment through a €330m refinancing from Starwood Capital and King Street Capital.

Incus Capital: Finding opportunities in niche markets is essential

Alejandro Moya and Martin Pommier of Madrid-based Incus Capital, winner of the 2021 Alternative Lender of the Year: Southern Europe award, explain why the firm occupies a unique position in the market.

ING: Southern Europe exceeds expectations

Gabriele Peroni, head of real estate finance, Italy, and Julián Bravo, head of real estate finance, Spain and Portugal at ING, winner of Bank Lender of the Year: Southern Europe, discuss lending conditions in the region.

Inside the €330m refinancing of an Italian icon

Starwood and King Street’s backing of the Hotel Danieli in Venice suggests international debt providers have faith in Italy’s trophy hospitality assets.

Mount Street targets Greek and Cypriot NPLs through new JV

The London-headquartered loan servicer has partnered with an Athens-based investment group as it sees growing volumes of NPLs trade in the market.

Roundtable: Real estate credit resurgent in Spain

Real Estate Capital Europe’s Spanish roundtable participants observe that despite a difficult pandemic, liquidity has swiftly flooded back to the country.

Invel finds opportunity in Greek property debt

The southeast Europe-focused investment manager has closed a €55m non-performing loan deal in Greece and provided fresh capital to a hospitality owner in the country.

Alantra raises €132m to target Spain’s real estate financing gaps

The Madrid-based manager is aiming to deploy around 60% of its debt fund in small-to-medium sized loans in its home country, with the remainder targeted further afield.

Nabiax’s CFO on sourcing €320m for Spain’s biggest data centre debt deal to date

Iván Paja, the data centre specialist’s chief financial officer, says the financial strength of the firm’s investors and tenants has allowed it access to a healthy pool of funding options since inception.