Western Europe

Delancey, Cynergy form targeted £1.5bn lending partnership

The joint venture demonstrates increased collaboration between banks and alternative lenders.

Blackstone prices milestone UK CMBS deal

The £1.5bn securitisation is the largest UK commercial mortgage-backed securities deal in more than 10 years.

Deutsche Bank to fund £1.25bn refinancing for London’s Olympia centre

The loan will refinance debt on a major redevelopment of the Victorian West London exhibition centre.

Tristan’s Pottorff sees ‘healthy pipeline’ in European self-storage

The London-based manager has closed a €110m loan to Volta Global’s 1BOX Group.

Stricter loan terms expected to follow proposed ban on upwards-only rent reviews

Lenders will react immediately to the UK government’s proposals, despite it being months away from taking effect, say market participants.

Pegasus Homes secures £120m of financing from Barclays and Leumi UK

The later living specialist has been shifting its strategy from private sales to rental homes.

DekaBank appoints new UK head as Bennett departs

Chris Bennett is to join Cushman & Wakefield as head of London office capital markets.

DWS taps into stabilisation finance demand for H1 dealflow

The manager announced three loans for freshly completed schemes, including a Manchester office building.

Apollo provides UK’s ‘largest IOS portfolio financing’ to date with £80m-plus loan

The loan is secured against Centerbridge and Modal’s £200m industrial outdoor storage platform.

Maslow provides largest loan yet with £500m UK PBSA development financing

Borrower Fusion Group says the deal represents one of the largest single-lender debt packages for UK PBSA.