French fund manager Zencap AM has raised €240 million for its second property debt fund, a vehicle which will be focused on providing credit to value-add and opportunistic deals.
2 min read · 22 September 2017
French fund manager ACOFI has launched its fifth property debt fund, with a fundraising target of €600 million by July 2018.
2 min read · 15 September 2017
The investment management arm of French insurance firm AXA has closed its 10th property debt fund with €1.5 billion raised.
2 min read · 13 September 2017
Europa Capital has launched a debt vehicle with commitments of £100 million (€110 million) to invest in UK commercial real estate, with a focus on regional markets.
2 min read · 11 September 2017
Joint owners Hammerson and Allianz Real Estate have closed a €625 million refinancing of Ireland’s Dundrum Town Centre shopping mall in a deal which locks in a sub-2 percent margin for seven years.
2 min read · 01 September 2017
Germany’s pbb Deutsche Pfandbriefbank has provided a €66 million loan to Reico and a €51 million debt facility to BlackRock.
2 min read · 10 August 2017
Tunstall Real Estate Asset Management has raised €55 million at the first closing of its new Netherlands-focused discounted pay-off debt fund.
1 min read · 09 August 2017
Lloyds Bank Commercial Banking has confirmed the appointment of Madeleine McDougall as its new head of commercial real estate.
2 min read · 08 August 2017
Berlin Hyp has underwritten a senior loan of €54 million to finance the Airport Plaza building in Brussels, which was acquired by Canada’s Dream Global REIT for €95.9 million last May. The Canadian investor is in negotiations to place the long-term mortgage financing for a term of up to seven years and an interest rate […]
1 min read · 31 July 2017
Allianz Real Estate has provided a €290 million loan to German pension fund BVK Bayerische Versorgungskammer for the financing of Ireland’s Liffey Valley shopping centre. The insurer acted as sole lender, providing a seven-year fixed-rate loan “at an attractive all-in rate and a conservative LTV”, Allianz said. It declined to provide further details of the […]
2 min read · 27 July 2017