Western Europe

European CMBS returns for 2024 as first transaction prices

A UK logistics deal, sponsored by Blackstone, has become the market’s first issuance of the year.

Inside the deal: An ‘impossible’ €440m Brussels office financing

A loan from six banks funded the €880m purchase of offices for a retrofit project without a lease.

UK lending fell to a 10-year low in 2023, says Bayes

Lenders, including debt funds, issued significantly less financing, the business school’s data shows.

LBBW backs HIH and Partners Group’s LogPark acquisition and redevelopment

The German bank has provided a €60m facility for the Leipzig asset.

Former Bain duo’s new firm originates first loan

Atlas Capital Partners, founded by Sean Tarrant and Christoph Nickel, has provided a £15m refinancing of a Knightsbridge residential asset.

Rothesay grows residential loan book with £110m financing

The insurance company lender has provided a loan against Get Living’s New Maker Yards in Salford.

ICG Real Estate provides £100m development loan for Manchester residential scheme

The London-based manager was selected to provide the financing because it was able to provide a whole loan.

German firm Arcida Advisors begins fundraising for European NPL fund

The Frankfurt-based business is aiming to raise €300m of equity to deploy in Germany, Austria, and Switzerland.

Värde provides €70m refinancing for mixed-use portfolio in Ireland

The sponsor – developer the Moran Group – attempted to sell one of the assets, the Rockpoint apartment complex, last year.

Cale Street provides £480m loan for AXA’s ‘landmark’ London office scheme

The borrower acquired 50 Fenchurch Street in 2022 and plans to develop a circa £1bn office tower.