Refinancing

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.

Inside the deal: Macquarie takes on refinancing of Cain’s The Stage

The Australian firm was sole provider of a £188m loan for the residential part of the London scheme.

Logicor issues €650m bond ahead of 2024 debt maturities

The logistics specialist has around €800m of unsecured debt due to mature in 2024.

ECB: Lending conditions to become tighter for real estate borrowers

Refinancing risk will drive a further tightening of credit conditions, according to the central bank.

Tristan fully deploys €500m TIPS One debt fund

The London-based manager has refinanced Apache Capital Partners’ and Moda’s BTR scheme in Birmingham.

AEW: Europe faces the world’s largest relative debt funding gap

An expanded analysis of the refinancing shortfall shows the situation is more acute in Europe than in the US or Asia-Pacific.

Savills’ Oakley expects UK to feel the effects of a ‘selective credit crunch’ in 2024

The consultant’s head of commercial research believes lenders will focus on prime ‘beds, sheds and meds’, with many offices difficult to finance.

Lenders expected to have limited appetite for German real estate, Berlin Hyp finds

Finance will remain scarce for the next two years, while buyers and sellers disagree on values, according to the bank’s latest sentiment survey.

Blackstone Italy loans among CMBS with highest refinancing risk, warns ratings agency

Scope Ratings listed six securitised European loans, due to mature this year, as most at risk.

BayernLB keeps faith with offices despite sentiment headwinds

The German bank provided a €125m green loan to Frankfurt-based Commerz Real for the 2Amsterdam office.