€650 million was raised for the project by an investor pool including Icawood and BNP Paribas
2 min read · 20 August 2020
An expected increase in acquisitions gives lenders hope that financing mandates will follow
5 min read · 17 August 2020
Writing loans against office property is currently difficult. But lenders were already pondering the evolution of the sector before covid made things more complicated.
3 min read · 23 July 2020
Nick Sanderson says the UK landlord obtained an interest cover ratio waiver on its sole secured loan to ensure ‘flexibility’ amid reduced retail rents.
3 min read · 16 July 2020
The rating agency’s analysis of office-backed CMBS transactions shows AAA- and AA-rated tranches can withstand higher vacancy rates, while lower-rated tranches are more vulnerable.
3 min read · 01 July 2020
The UK-based Swiss Life subsidiary sourced a £56m loan from DekaBank for its recent London office acquisition, amid debate about the future of the sector.
3 min read · 24 June 2020
After its €200m green loan to Irish property company IPUT, Wells Fargo’s head of UK CRE lending says sustainability has become a core concern for sponsors.
3 min read · 11 June 2020
The €205m refinancing facility for Northwood Investors was described by DWS’s Oswatitsch as having a ‘defensive nature’.
2 min read · 03 June 2020
“With the right operating model, a co-working operator model could thrive in recovery” – Simon Brooks, Investec
5 min read · 03 June 2020
Natixis Pfandbrief provided a €129.5 million loan to finance Henderson Park’s purchase of the office and retail complex in central Berlin
2 min read · 01 June 2020
