Refinancing

China Life staves off Aldgate Tower loan default with equity injection

The insurer has secured an 11th-hour extension to a securitised loan after agreeing to provide equity as part of a refinancing package.

Debt costs remain elevated in wake of ECB rates cut

The first interest rate cut in the euro area has not changed the lending rate outlook for real estate.

Lenders predict higher 2024 volumes, says CBRE

Most lenders surveyed by the consultant say they will increase origination this year.

Blackstone granted extension to Finnish shopping centre debt

The manager previously secured an extension to another loan for its Sponda platform in Finland.

European real estate faces stranded asset ‘time bomb’, says research

Hundreds of real estate managers have reported assets are at financial risk owing to new environment regulations.

Moody’s identifies the loan vintages most at risk of default

The ratings agency said many facilities were secured by overvalued property and had weak covenants.

Citi leads €720m Nordic flexible offices refinancing

The debt was provided to Finnish company Technopolis, owned by manager Kildare.