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Lauren Parr

Blackstone Mortgage Trust has made its entry into continental Europe, issuing its first loan there, on an office portfolio in the Netherlands. Blackstone’s US REIT provided a €28m senior loan for joint venture partners Angelo, Gordon and Valad Europe, secured on the Equinox portfolio of nine Dutch office buildings. In May the investors paid €37m for the […]
With the cost of UK senior debt between 50 to 75 basis points lower today than around this time last year, it’s not surprising that the owners of one of London’s most iconic hotels have arranged a refinancing at a cheaper rate, less than 18 months after the last refinancing. Last month Deutsche Bank was […]
Deutsche Bank is financing the €160m acquisition of eight Spanish retail assets for GreenOak Real Estate and Grupo Lar in a further sign of lender interest picking up in Spain. The ticket size is believed to be around €100m and the German bank is understood to have beaten several other investment banks to win the […]
Crédit Agricole CIB has syndicated  a significant portion of the £77m of debt it issued for Perella Weinberg’s purchase of One Poultry in the City,  to AXA. The French insurer is thought to have taken at least a 50% participation in the three-year senior loan, equating to a position of about £40m. Perella paid £110m for […]
BNP Paribas has cemented a comprehensive return to European property lending with its first sole UK underwrite this year, for Tisman Speyer. The French bank is financing Tishman’s £210m purchase of The Point in London’s Paddington Basin redevelopment area. The 232,772 sq ft, grade A office building is an investment for Tishman’s open-ended European core, […]
Aviva Commercial Finance has provided its first social housing loan – a 25-year, £67m facility loan for Sapphire Extra Care. The debt will be used to construct and maintain 390 social housing units targeted at the over 55s in Stoke on Trent in the UK. The Sapphire consortium, comprising the Eric Wright Group, Kajima Partnerships […]
Ireland’s NAMA yesterday announced it will fast track its asset and loan sales programme in response to the Irish government’s desire to speed up repayment of the bad bank’s remaining €15bn of senior debt. By the end of last month, NAMA had redeemed €13bn of the senior bonds used to finance its purchase of the […]
Helaba has financed the first phase of Tristan Capital Partners’ Embankment Greengate office development in Salford, Greater Manchester.
Goldman Sachs’ €198.2m Italian MODA 2014 CMBS closed yesterday at pricing wider than Deutsche Bank’s larger and lower- leveraged €354.9m Italian CMBS...
M&G Investments has provided £238m of whole loan refinancing for Midlands and North of England investor and developer Northern Trust. The five-year facility is secured against Northern Trust’s £360m-plus portfolio of industrial, trade and office parks, comprising over 3,600 individual units, and its circa 1,700 acre land bank. Most of the assets are let to small […]

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