Refinancing

US commercial real estate concerns hitting German lenders

German lenders including Deutsche Pfandbriefbank are seeing their share prices impacted by US commercial real estate exposure.

Asset management firm launches to help lenders recoup lost property value

Former Mark Capital executive assembles team of six at new firm Akkord to meet demand for help with problem assets.

BaFin chief identifies real estate as top risk to Germany’s financial stability

Mark Branson said lenders will be under pressure as the credit quality of real estate loans continues to decline.

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.