Loans

More loans sales ‘in the pipeline’ to free up lending capacity, says pbb

Kay Wolf, chief executive officer, says the German lender is focused on disposing of loans but will reinvest the capital in new business.

Stoneshield targets NPLs through third opportunistic vehicle

The Southern Europe-focused manager took just five months to reach a final close for the fund, well below the European average.

Aareal’s Winkelmann says the lender will ‘master’ US office market woes

Christof Winkelmann, chief market officer at the German bank, said the lender successfully dealt with troubled hotels during covid-19 and will do the same with its US office exposure.

Europe’s poor economic outlook intensifies refinancing challenge, warn ULI and PwC

European respondents to a global survey are most fearful about inflation and interest rate volatility in 2024.

US loans drive leap in loss provisions for Germany’s pbb

The bank’s chief executive says he is confident it will ‘get through’ the challenging market conditions.

Asset managers in demand to help sift good situations from bad

As loan extensions expire and lenders and borrowers face the impact of higher debt costs on their investments, skilled asset managers are in demand.

US commercial real estate concerns hitting German lenders

German lenders including Deutsche Pfandbriefbank are seeing their share prices impacted by US commercial real estate exposure.

Branicks asks creditors to defer payment on €425m of debt

The German listed company is seeking to secure new terms on a bridging facility and bond debt maturing in 2024.

Is the real estate debt industry opening the door to equality?

A dearth of senior female professionals is evident across the European real estate financing industry. But a younger generation is pushing for change.

Quintain simplifies borrowings through £780m refinancing

The facility, provided by JPMorgan and Cheyne Capital, will in part refinance the UK developer’s standing assets at Wembley Park.