United Kingdom

Eskmuir secures £80m refinancing

London-based property company Eskmuir has closed an £80 million (€90.1 million) refinancing deal with Royal Bank of Scotland to fund future property acquisitions across the UK.

LOOK AHEAD 2018: Softer Brexit, softer landing

Against a backdrop of progress in EU exit negotiations, the UK market will present plenty of opportunities for real estate lenders, writes Mark Bladon of Investec Structured Property Finance.

LOOK AHEAD 2018: UK housing presents a clear opportunity for lenders

Market players should help tackle the UK’s housing shortage in 2018, writes Randeesh Sandhu, CEO of residential development finance specialist Urban Exposure.

Aviva writes £145m across two loans in London

Aviva Investors has completed two commercial real estate finance transactions to Lazari Investments totalling £145 million (€163 million).

St Modwen cuts debt costs with £475m refinancing

St Modwen Properties, the UK real estate investor and developer, has sourced a £475 million (€538 million) unsecured revolving credit facility from a syndicate of banks.

Patrizia turns Euro heavyweight with purchase of Rockspring

Patrizia’s supersonic year of growth finishes with the €7.8 billion capture of the London-based pan-Europe-focused private equity real estate firm.

Insurers provide £165m loan to Regional REIT

UK-based property company Regional REIT has signed a £165 million (€188 million) secured loan with Scottish Widows, through its partnership with Lloyds Bank’s Bank of Scotland, and Aviva Investors.

GreenOak closes first European debt fund on €600m – Exclusive

The firm’s Europe debt head Jim Blakemore (pictured) says fundraising for the regional vehicle was ‘a lot easier’ than it was for its first UK debt product thanks to investors being more comfortable with the strategy nowadays.

Lloyds and Scottish Widows arrange £40m loan for LXi REIT

Lloyds Bank Commercial Banking, through its partnership with group insurer Scottish Widows, has provided a £40 million loan (€45.27 million) to UK real estate investment trust LXi REIT.

Aviva finances UK retail warehouse parks with £54.16m loan

Aviva Investors has written a £54.16 million (€61.44 million) loan to refinance the acquisition of four retail warehouse parks by UK REIT Ediston Property Investment Company (EPIC).