Singapore’s GLP has raised capital for its purchase of Gazeley by tapping Chinese President Xi Jinping’s drive to improve trade with Europe.
3 min read · 25 January 2018
Santander has issued a £916.8 million (€1 billion) commercial real estate loan securitisation, in one of the first synthetic transactions of UK commercial property assets since the financial crisis.
2 min read · 08 January 2018
The European CMBS market has worked on a slow burn this year even by its own standards, with the first public deal creeping in just weeks before the end of 2017.
5 min read · 08 December 2017
Bank of America Merrill Lynch’s UK CMBS deal shows investment banks remain determined to finance European real estate in this late-cycle market.
3 min read · 30 November 2017
The French real estate investment trust Klépierre has raised €500 million through a bond issue.
1 min read · 29 November 2017
Bank of America Merrill Lynch has priced a £347.9 million (€389.3 million) UK CMBS, against the backdrop of a market which has been virtually closed for around 18 months.
2 min read · 28 November 2017
German bank Deutsche Hypo has placed its first ‘green’ Pfandbrief, raising €500 million through the issue of a six-year bond with a coupon of 0.125 percent.
1 min read · 17 November 2017
Cerberus-owned Haya Real Estate is planning to raise €475 million through a bond issue expected to close by 15 November. The senior, secured five-year bond includes a €250 million fixed-rate tranche, with an annual coupon of 5.25 percent; and a €225 million floating-rate tranche with a coupon of three-month Euribor (subject to a zero percent […]
2 min read · 13 November 2017
The 10-year notes carry an annual coupon of 1.5%.
1 min read · 09 November 2017
The fresh capital will be used for general corporate purposes.
1 min read · 25 October 2017