Germany’s pbb Deutsche Pfandbriefbank has provided a €66 million loan to Reico and a €51 million debt facility to BlackRock.
2 min read · 10 August 2017
Tunstall Real Estate Asset Management has raised €55 million at the first closing of its new Netherlands-focused discounted pay-off debt fund.
1 min read · 09 August 2017
Lloyds Bank Commercial Banking has confirmed the appointment of Madeleine McDougall as its new head of commercial real estate.
2 min read · 08 August 2017
Berlin Hyp and Postbank have teamed up to provide a €92 million loan for the acquisition of a pan-European car park portfolio for the Bouwfonds European Real Estate Parking Fund III. The lenders, which will contribute equally to the debt facility, have provided a five-year term including an extension option. Berlin Hyp has acted as […]
1 min read · 01 August 2017
Berlin Hyp has underwritten a senior loan of €54 million to finance the Airport Plaza building in Brussels, which was acquired by Canada’s Dream Global REIT for €95.9 million last May. The Canadian investor is in negotiations to place the long-term mortgage financing for a term of up to seven years and an interest rate […]
1 min read · 31 July 2017
Allianz Real Estate has provided a €290 million loan to German pension fund BVK Bayerische Versorgungskammer for the financing of Ireland’s Liffey Valley shopping centre. The insurer acted as sole lender, providing a seven-year fixed-rate loan “at an attractive all-in rate and a conservative LTV”, Allianz said. It declined to provide further details of the […]
2 min read · 27 July 2017
Allied Irish Bank has provided a €155 million loan to refinance the Jervis Shopping Centre in Dublin, Real Estate Capital has learned. AIB Real Estate Finance gave the loan to JSC Properties, a company owned by Northern Ireland property developers Padraig Drayne and Paddy McKillen. The retail park was opened in 1996. The seven-year whole […]
2 min read · 26 July 2017
Allianz Real Estate has made its first debt investment in the Italian market, participating in the financing of a mixed-use property in central Milan, arranged by French bank Natixis.
2 min read · 19 July 2017
LaSalle Investment Management has written its first loan in the Spanish market, financing the purchase of a student housing portfolio for sector specialist GSA.
2 min read · 11 July 2017
Dutch lender ING Bank has written a €120 million term loan that will be used to continue the refinancing process of the CBRE Global Investors Dutch Retail Fund’s debt facilities.
1 min read · 07 July 2017
