Refinancing

In Europe, banks are still part of the refinancing equation

Banks remain a major part of Europe’s refinancing picture, but insurers are also becoming more active.

Market will stabilise within three quarters, predicts JPMorgan’s Saletti

Speaking at the first District World Summit event in London last week, the bank’s co-head of real estate said values have not adjusted as quickly as anticipated.

Grosvenor to diversify its UK property lending business

The UK property firm is close to finalising a £100m joint venture to target real estate debt in the UK.

More distress expected as office woes hit Canary Wharf

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.

Ares’ Moore: £300m London loan a ‘good example’ of upcoming opportunities

The firm last week announced a retail and hotel refinancing in London, bringing its European loan book to £1.1bn.

UK recovery hindered by latest rate rise, say market participants

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.

DWS plans up to €1bn maiden whole loan strategy

The firm has seen a retrenchment from banks and is looking to ‘control more of the capital stack’ amid refinancing shortfall.

How lenders can get ahead of stressed situations

Debt providers can take steps to navigate complex situations in this challenging market, comments Ali Khaki, insolvency practitioner with FTI Consulting.