Daniel Cunningham
Bank of America Merrill Lynch’s UK CMBS deal shows investment banks remain determined to finance European real estate in this late-cycle market.
Bank of America Merrill Lynch has priced a £347.9 million (€389.3 million) UK CMBS, against the backdrop of a market which has been virtually closed for around 18 months.
Lloyds Bank has chosen the UK pub industry for the latest loan to be issued through its Green Lending Initiative, which grants reduced pricing for loans to assets that hit agreed sustainability criteria.
When it comes to financing residential, it would be wise to choose schemes local people can afford to live in.
The Property Industry Alliance’s ‘adjusted market value’ metric is high-level stuff, but has the potential to prevent catastrophe.
The industry group tasked with devising a method to help lenders identify overvaluation in the UK property market has announced plans for the publication of a quarterly metric.
Madeleine McDougall has taken over Lloyds’ commercial real estate business from John Feeney. Daniel Cunningham talks to them about the handover.