Around 20 banks have been involved in refinancing in the first six months of the year, but the firm reports it hasn’t encountered any difficulties.
1 min read · 21 January 2013
UK home improvement firm, Focus DIY, is to offer its landlords incentives so its lenders agree to extend the term of its debt facility.
1 min read · 21 January 2013
Black Sea Global Properties (BSGP), the Romanian property company led by Dinu Patriciu, is close to finalising its takeover of London-based fund manager Rutley European Property after increasing its stake in the European fund manager to 75.6%.
2 min read · 21 January 2013
Tony James and Wes Edens have each said during earnings calls this week that their firms are eager to do US bank deals, but warned proposed FDIC policies may deter investment.
3 min read · 21 January 2013
A partnership between DHFL Venture Capital and Redwood Group have formed a joint venture to invest in warehousing real estate in India.
2 min read · 21 January 2013
The London fund has managed to let 75 percent of a shopping centre project and is due to open the scheme in Odessa this autumn.
1 min read · 21 January 2013
The Och-Ziff-backed property firm completes first deal since raising £220m in an IPO. The 7.6m sq. ft. portfolio was originally part of the collapsed investor Industrious Group’s holdings. The net rental yield will be 10.3 percent, the firm said in a statement.
1 min read · 21 January 2013
PIK Group, the Moscow-based public property company, has abandoned plans to raise a fund from third party investors in the wake of the credit crunch. The decision was taken earlier this year, according to a spokeswoman.
2 min read · 21 January 2013
The Spanish developer and fund manager has acquired the second phase of the Castel Guelfo factory outlet centre near Bologna in Italy.
1 min read · 21 January 2013
UBS has reportedly written off more than A$500m of Stella Group’s debt in return for a 40% stake in the travel and hospitality company.The group's hospitiality arm operates a portfolio of more than 140 resorts, hotels and apartments.
2 min read · 21 January 2013
