United Kingdom

Burnham’s housing pledge opens the door for institutional capital 

The UK Prime Minister’s £10bn plan to fix the country’s housing shortage will create opportunities for debt providers.

Affinius expands European platform with trio of new originations

The firm’s European credit platform has now closed four transactions this year.

PGIM hits $400m in first close for latest high-yield European debt fund

PRECap VIII will provide whole-loan and mezzanine financing, as well as preferred equity, across European real estate markets.

Long Harbour secures £160m loan for prime London BTR properties

NatWest was selected to provide the financing following a competitive lender process.

Avison Young close to resolving dispute with UK tax authorities

HM Revenue & Customs last week filed a winding-up petition against Avison Young Real Estate Finance and other entities over historical tax obligations, but a spokesperson said the situation will be resolved shortly.

Invesco lands UK pension pool commitment for European credit fund

LGPS Central, which invests on behalf of local government pension schemes, has allocated to the US manager’s CMI Europe.

Mercia targets up to £500m for UK real estate development debt fund

Birmingham-headquartered firm says investors are seeking regionally focused real estate debt strategies.

Affinius funds $177m loan for Florida student housing construction

The US manager provided the loan for a student housing development near the University of Central Florida that will be delivered in two phases.

Tristan funds its largest-ever loan as it deploys from its second credit vehicle

The £340m loan on EDGE London Bridge is the UK manager’s largest since establishing its debt platform in 2021.

TPG, Blomfield secure £100m to boost UK IOS strategy

Leumi UK provided the financing to help grow the JV’s Concreit platform.