Western Europe

ESR writes £100m housing loan following expansion of UK government-backed scheme

The loan, to a UK housing association, is the first since the funding programme was increased to £6bn.

M&G provides £200m across UK retail warehousing and logistics loans

The manager has provided the facilities to a partnership between Delancey and Tritax, and PineBridge Benson Elliot.

M&G hires former banker for continental Europe lending push

The UK manager has made an appointment in Amsterdam from HSBC to bolster its origination capabilities.

Panattoni eyes UK speculative logistics with £625m revolving credit facility

A syndicate of three lenders provided the loan, arranged by JPMorgan.

Brookfield puts London’s Citypoint tower on the market

The debt secured on the 36-storey office building is due to be repaid in January 2025.

Savills’ Down: Rate cuts do not necessarily mean better pricing

Those expecting values to be correlative to debt ‘are holding out for something that won’t happen’, says the capital markets executive.

Alternative lenders look for opportunities amid Germany’s real estate crisis

German banks face huge uncertainty as the country’s real estate sector gradually resets. Private debt managers are aiming to capitalise on the disruption.

Roundtable: A fresh take on Germany’s future

Real estate specialists say the country’s market needs innovative lending solutions

Alternative lenders step in to finance German recovery

Non-bank lenders are finally being compensated for risk in Europe’s largest real estate market and have a crucial role to play in capital restructuring, according to PIMCO’s Roman Kogan and PIMCO Prime Real Estate’s Roland Fuchs.

Blackstone and Brockton source £520m refinancing for flexi offices JV

Fora’s refinancing was partially provided by a CMBS underwritten by Bank of America.