Lucy Scott
As senior lending issuance remains muted, the German bank is seeking higher-yielding opportunities via a debt vehicle.
The central bank says valuations should reflect the current market downturn and lack of transaction activity.
The finance director of the UK company’s investment adviser said diversifying its debt is a ‘natural’ next step.
The ‘significant’ capital injection allows Quintain to finalise the latest phase of the 85-acre estate.
The chief executive of the Frankfurt-headquartered bank said he has not seen the recovery in 2024 he had expected.
The insurer has secured an 11th-hour extension to a securitised loan after agreeing to provide equity as part of a refinancing package.
The political crisis following an unexpected election will deter investors for now, say market participants.
The first interest rate cut in the euro area has not changed the lending rate outlook for real estate.
The French bank participated in what was described as the largest ever debt deal in France’s PBSA sector.
Morningstar DBRS believes the outstanding loan balance is higher than the value of the assets, as rental income declines and vacancy increases.