HSBC’s exit from Canary Wharf is not a death knell for the estate. But it highlights problems facing those invested in the former financial hotspot.
6 min read · 30 June 2023
The firm last week announced a retail and hotel refinancing in London, bringing its European loan book to £1.1bn.
3 min read · 30 June 2023
A continued pause in the UK property investment market is expected following the Bank of England’s latest interest rate rise, which will further impact affordability of loans.
3 min read · 23 June 2023
The firm has seen a retrenchment from banks and is looking to ‘control more of the capital stack’ amid refinancing shortfall.
3 min read · 23 June 2023
Northwestern Mutual funded the loan.
2 min read · 22 June 2023
Debt providers can take steps to navigate complex situations in this challenging market, comments Ali Khaki, insolvency practitioner with FTI Consulting.
4 min read · 19 June 2023
Goldman Sachs, US Bank, Franklin BSP executives anticipate more stress and higher debt costs.
3 min read · 14 June 2023
The Central Bank of Ireland’s latest review foresees continued price declines testing loan-to-value covenants.
2 min read · 09 June 2023
The transaction, on which JLL advised, was completed at a time when banks increasingly scrutinise office loans.
4 min read · 07 June 2023
