Allied Irish Bank has provided a €155 million loan to refinance the Jervis Shopping Centre in Dublin, Real Estate Capital has learned. AIB Real Estate Finance gave the loan to JSC Properties, a company owned by Northern Ireland property developers Padraig Drayne and Paddy McKillen. The retail park was opened in 1996. The seven-year whole […]
2 min read · 26 July 2017
German real estate debt fund manager Caerus Debt Investments, led by Michael Morgenroth (pictured), has reached a second close on its senior and whole loan fund, raising an additional €47 million of capital mainly from a German insurer.
2 min read · 12 July 2017
BlackRock has held a first close on its UK Strategic Alternative Income Fund, which will invest in real estate debt among other asset classes.
2 min read · 10 July 2017
Dutch lender ING Bank has written a €120 million term loan that will be used to continue the refinancing process of the CBRE Global Investors Dutch Retail Fund’s debt facilities.
1 min read · 07 July 2017
Irish housebuilder Cairn Homes has secured a €50 million two-year loan from Activate Capital, a Dublin-based residential development lender.
2 min read · 05 July 2017
The peaks in the last two real estate cycles were predictable and lenders could have avoided massive losses if long-term asset values had been adequately monitored, a group of senior industry figures has concluded.
3 min read · 03 July 2017
The growth rate in new German commercial property finance business halved during 2016 to 10 percent and is set to decrease to 5 percent this year, the latest German Debt Project Report has shown.
2 min read · 30 June 2017
A diverse mix of lenders is willing to finance a broad range of property across the UK, although the leverage and pricing they are prepared to offer varies significantly, new research from Capita Real Estate Finance has shown.
3 min read · 29 June 2017
Goldman Sachs has provided fresh debt to the revamped Dutch office portfolio which was once securitised in Europe’s first defaulted CMBS.
2 min read · 16 June 2017
Shariah-compliant bank Gatehouse Bank has appointed Charles Haresnape as its new chief executive.
1 min read · 22 May 2017
