Engel & Voelkers Investment Consulting (EVIC) has appointed Thorsten Brogt as executive director of business development to oversee the roll out of its distressed debt/real estate opportunity funds unit.
2 min read · 22 February 2016
German commercial real estate lending margins could come in by 20 basis points to as low as 109 bps by 2016, a poll of lenders in the country predicted.
3 min read · 07 December 2015
The Loan Market Association (LMA) has launched new documentation intended to standardise German-law real estate loan agreements.
1 min read · 25 November 2015
pbb Deutsche Pfandbriefbank has provided a €63m senior loan to Cerberus Capital Management to refinance three German retail properties. The funds will also be used to refurbish the three shopping centres located in Bielefeld, Bonn and Konstanz.
1 min read · 28 October 2015
Margins for German property loans will fall and loan-to-value ratios will rise says the forecast for this year and next in the second annual survey of German commercial real estate lending by the International Real Estate Business School, part of the University of Regensburg. The forecast is in contrast to the position last year. Across […]
3 min read · 18 September 2014
A German pension fund has made another large investment in debt, providing €450m for the refinancing of Mall of Berlin in the German capital. Bayerische Versorgungskammer (BVK) contributed the senior portion of a larger €600m refinancing of the new shopping centre, which saw Deutsche Hypo take a subordinate tranche of €80m and two credit funds of BNP […]
2 min read · 26 August 2014
Barclays Ireland has provided Irish Residential Properties REIT with a new €130m credit facility. The two-year facility is secured against the company’s assets. The Dublin-listed REIT raised €200m in April to invest in mid-market and luxury residential property in the Emerald Isle.In June it bought Marker Residences, an 84-flat scheme in Grand Canal Dock in […]
1 min read · 19 August 2014
