Western Europe

Song Capital provides £210m refinancing to Patron-backed care home operator

Half of the 22-asset portfolio of Hamberley Care Homes has been refinanced.

Goldman Sachs provides Puma with first back leverage facility

The £100m loan backs the Puma Real Estate Secured Credit vehicle, which reached first close in December.

Lender club including NORD/LB provides €1.8bn data centre financing

The loan refinances German operator Maincubes’ existing portfolio and allows for further expansion.

First European CMBS deal of 2026 launches

The transaction will finance a Blackstone-owned logistics portfolio.

SMTB provides £360m development loan for 125 Shaftesbury Avenue

Owners Edge and Mitsubishi Estate London obtained planning for the project in April.

Look Ahead 2026: Investec’s William Scoular predicts rate cuts will lure buyers back

Interest rate cuts across next year will revive the UK market, he says.

Look Ahead 2026: Birchwood’s Lorna Brown on stock selection and office prospects

The CEO of the London-based lender says stock over sector selection will be key, looking forward.

Pbb sells first-loss positions of $2bn US real estate portfolio

The German bank has completed its first SRT transaction with Oaktree Capital Management as it winds down its US business.

Goldman Sachs issues £500m loan to Kennedy Wilson and CPP Investments

The loan will support the expansion of a UK single-family housing strategy.

Office revamps are ‘some of the least risky deals’, says ING’s Shields

Speaking ahead of the closing of a £170m London loan, the bank’s EMEA real estate head extolled the benefits of upgrade projects.