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Alicia Villegas

Alicia Villegas
Alicia Villegas is a reporter with Real Estate Capital, based in PEI Media’s London office. Her primary role is to provide news and analysis of the European real estate finance markets. Prior to joining PEI Media in 2017, she was Iberia Correspondent at InvestmentEurope, covering the asset management industry, with a focus on fund sectors. Previous roles have included reporting on the international seafood industry for Undercurrent News.

Why borrowers are going long in debt deals

The prospect of rising interest rates and the proliferation of buy-to-hold strategies are among the drivers of long-term loan deals.

The growing momentum of Portuguese NPL sales in two charts

Around €2bn of non-performing loans have been sold in Portugal so far in 2018, while a further €4.2bn of live deals are being tracked, according to Evercore.

Why lenders should get to know Spain’s SOCIMIs

Almost a decade since the launch of the Spanish equivalent to the REIT regime, listed property vehicles are creating significant business in the debt space.

Hispania sources €340m loan to refinance debt

The Spanish REIT, recently bought by Blackstone, has signed a facility maturing in February 2020 with BNP Paribas.

News in numbers: Borrowers’ markets

The figures that shaped the property finance industry from mid-August to mid-September.

Laxfield raises additional £250m for UK debt fund

The vehicle has been upsized to £750m on the back of ‘strong’ demand from borrowers, coupled with investors’ appetite, says director Alexandra Lanni.

The NPL deal that could unlock the Cyprus market

Apollo’s purchase of a €2.7bn loan portfolio from Bank of Cyprus is expected to reactivate the island’s property market.

Aviva provides £264.5m healthcare loan

Healthcare REIT MedicX has refinanced £233.7m of existing loans from the insurer, while increasing the facility by £30.8m.

Trimont hires Bill Sexton in European push – Exclusive

The servicer has appointed the former Mount Street managing partner as it seeks to capitalise on opportunities arising from the emergence of non-bank lending and construction loans.

European property credit conditions in two charts

Borrowers are benefiting from a general shift towards cheaper debt at stable or increasing LTVs, CBRE’s European Debt Map shows.

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