Alicia Villegas
Economic improvement in the eurozone will underpin a stable year for real estate markets, industry players predict.
The final close of Goldman Sachs’ latest global credit vehicle demonstrates the appeal of property debt to investors seeking access to real estate returns with the benefit of debt’s defensive profile.
Against a backdrop of rising consumer spending in Poland, UK bank HSBC has financed the €1 billion acquisition by a consortium of investors of a retail portfolio in the country.
The final close of Goldman Sachs’ latest global credit vehicle demonstrates the appeal of property debt to investors seeking access to real estate returns with the benefit of debt’s defensive profile.
Lisa Williams, a longstanding employee of loan servicer Situs, has been appointed the firm’s new head of Europe.
Dale Lattanzio, managing partner for DRC Capital, talks with Real Estate Capital about the prospects and trends for 2018.
Select Property Group has sourced a £108.9 million (€123 million) loan from a club of lenders to fund the development of a build-to-rent scheme in Manchester.
The bank stalwart will head its CRE financing division, replacing Thorsten Schönenberger, who was made director of real estate and project finance in July last year.
Societe Generale and HSBC have financed the Generator Hostels portfolio recently acquired by real estate fund manager Queensgate Investments with a €215 million loan.
Lloyds Bank has written an £82 million (€92 million) whole loan to developer Ballymore to bring forward an office building at Embassy Gardens, its regeneration project close to the site of the new US embassy in London’s Nine Elms.