Refinancing

DRC Savills IM raises €200m for whole loan debt fund

The newly-launched fund, which is already being deployed, is issuing loans of between €25m and €75m.

Expo Real 2024: Refinancing dominates, deal volume remains slim

The mood in the halls was upbeat but the ‘same challenges’ are weighing on recovery.

PGIM issues its largest German loan to date, sees growth opportunities

The manager says alternative debt providers are increasingly competitive against domestic lenders.

ProsperCap finds strong lender demand for hotels during £310m refinancing

The Singaporean firm said several lenders pitched to take part in the UK portfolio financing deal.

Sweden’s interest rate cut diffuses its refinancing crisis, say market participants

The move keeps the country on course to reach a 2% policy rate by 2025 and strengthens expectations of further recovery in real estate transactions.

Last-minute equity injection saves Aldgate Tower loan from default

China Life Insurance, one of the building’s sponsors, agreed to provide £192m of equity following a statement earlier this month it would not be able to do so.

Intu’s administrators and Nuveen seek €228m refinancing for Xanadú

The senior debt held against the Spanish shopping centre is due to mature in March 2025.

LaSalle’s Zerda on why solving the refinancing crisis will require more than just debt

Michael Zerda was among Europe’s first cohort of private real estate debt managers. Over a decade on, he considers the future of debt and equity structures.