The listed company, which owns UK assets including popular theme parks, addressed near-term maturities in a bumper refinancing.
5 min read · 18 April 2023
With stresses appearing in the financial system, the property sector may become a cause of these as well as suffering the consequences, writes Kiran Raichura, deputy chief property economist at Capital Economics.
4 min read · 18 April 2023
The sector is vulnerable to rising interest rates due to low debt yields and cashflow constraints, says the credit rating agency.
3 min read · 06 April 2023
PIMCO-backed Columbia Property Trust defaulted on $1.7bn in February.
3 min read · 06 April 2023
The board member for the German bank believes the industry will adjust to higher rates and argues parts of the market continue to perform well.
4 min read · 04 April 2023
The US manager has sourced debt including €310m of mezzanine for 15 hotels.
3 min read · 03 April 2023
Sharp rise in financing costs is highlighted in pan-European research report.
3 min read · 23 March 2023
SVB fallout is ‘not comparable’ to regional banks’ commercial real estate debt exposure, says Fed chair Jerome Powell.
5 min read · 22 March 2023
Government and bank intervention has raised questions over the future of affected real estate debt.
4 min read · 21 March 2023
Lenders at MIPIM were sanguine about Silicon Valley Bank, but the Credit Suisse situation will amplify concerns.
3 min read · 17 March 2023