German real estate group ADO Properties has issued its inaugural bond, raising €400 million. The bond has a maturity of seven years and carries an annual fixed coupon of 1.5 percent. The firm, focused on the rental housing market in Germany, said the bond was offered to pan-European institutional investors and met with “significant” demand, […]
Investec Structured Property Finance and Lloyds Bank have provided a £85 million senior loan to developer Anthology for a residential project in Hoxton, east London.
Dutch lender ING Bank has written a €120 million term loan that will be used to continue the refinancing process of the CBRE Global Investors Dutch Retail Fund’s debt facilities.
Dutch banks ABN Amro and Rabobank have provided a €180 million loan for a development project in Amsterdam’s central waterfront area on the north bank of the River IJ.
Listed industrial property specialist SEGRO has raised €650 million through a private placement of senior unsecured notes with 13 US institutional investors. Fresh capital will be used to refinance the 2018 sterling bonds and secured debt within the Airport Property Partnership. The issue consists of three tranches: €400 million at a fixed coupon of 1.77 […]
M&G Investments has provided a five-year whole loan to finance the recent acquisition of a Scottish retail park by an Orion Capital Managers fund.
Cheyne Capital has written a £35 million junior loan to Lincolnshire-based residential developer Larkfleet Homes, to finance the firm’s UK expansion plans. The junior facility supplements senior debt which was provided by HSBC. “Larkfleet had secured a number of attractive land opportunities but their existing senior debt facilities were proving a constraint on being able […]
German real estate investor DIC Asset has raised €130 million through the issue of a five-year corporate bond.
Irish housebuilder Cairn Homes has secured a €50 million two-year loan from Activate Capital, a Dublin-based residential development lender.
Cypriot lender Hellenic Bank has sold its non-performing loan and real estate management business to a loan servicing platform for €20 million.