Loans

Schroders Capital sees the mid-market as a new frontier for ESG-related lending

Schroders Capital’s Kristina Foster examines the expanding scope for real estate credit strategies aiming to deliver social and environmental impact in the mid-market.

Dutch developer wins Tristan’s backing for office-to-residential scheme

Amsterdam-based Elfi has sourced a €45m loan from the UK-based manager for the repositioning project.

NatWest and Allied Irish Bank back Macquarie’s modular BTR scheme

The two banks have provided £100m to the Australian investment manager to finance what it says is the UK’s largest modular BTR project.

French banks back AXA’s film studio debut

The investment manager acquired one of France’s largest studios from French property manager Nexity.

Roundtable: Alternative lending is entering a time of opportunity and challenge

For the alternative lenders participating in Real Estate Capital Europe’s roundtable, market conditions seem conducive to grow their loan books. But the apparent opening is not without complications.

Building behind the loan: Warsaw’s Varso Place

Developer HB Reavis’s mixed-use complex has been refinanced in a £475m transaction.

JLL reports ‘unwanted’ record reached in European banks’ underperforming loans

The consultant highlighted that the proportion of stage two underperforming loans had increased to 9.5% by the end of Q2.

Building behind the loan: London’s Manhattan Loft Gardens

Manhattan Loft Corporations’s 42-storey tower in Stratford is part of the firm’s aim to bring New York-style “loft living” to London.

FAP Group: Alternatives filling the financing gap

The aversion to risk among traditional lenders is creating notable opportunities for alternative debt financing instruments.

Bank of America ‘bearish’ on offices as debt costs outstrip yields

In a research note on European real estate, the US investment bank warned office values will fall as rental growth vanishes.