REC staff
Bank Pekao issues Panattoni with a โฌ22.5 million development loan for a build-to-suit manufacturing project in ลรณdลบ; Nordic Investment Bank provides its first sustainability-linked real estate loan; OakNorth writes ยฃ28.5 million (โฌ32.7 million) of debt to a specialist provider of short-term supportive housing in the UK; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.
Swap rates have eased on news of an Iran ceasefire but uncertainty persists for real estate borrowing markets; Cheyne is reported to have taken ownership of a London mixed-use scheme; Blackstone appoints an investment bank to lead a major refinancing of the NEC in Birmingham; and more in todayโs briefing, exclusively for our valued subscribers.
Cheyne Capital provides a โฌ288.6m loan to support a value-add repositioning of Parisian asset; Deutsche Bank issues ยฃ925m (โฌ1.1bn) secured by London's Olympia; SMBC leads Asian lender consortium to provide logistics developer CTP with โฌ280m financing; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.
Logistics developer CTP taps the Asian banking market for its latest borrowing deal; a refinancing of Londonโs Olympia project is reported, including a significant equity injection; BNP Paribas AM Alts provides its take on the impact of defence spending on real assets; and more in today's briefing, exclusively for our valued subscribers.
ING finances an all-timber frame office development with a ยฃ105m green loan; Piraeus Bank, alongside a consortium, provides a total of $1.6bn to refinance a hospitality and a logistics platform for HIG Capital; credit manager Arini provides easyStorage with a ยฃ180m facility to support its UK expansion; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.
The latest securitisation of European data centre debt gives rise to expectations of growth for the sectorโs role in the asset-backed securities market; INGโs latest financing in the London office market sees it back an all-timber frame office scheme; credit firm Arini supports the growth of a UK self-storage platform; and more in today's briefing, exclusively for our valued subscribers.
Central bankers hold rates steady as the industry continues to evaluate the impact of the Iran war; Franceโs SCOR Investment Partners raises capital for value-add lending; two UK REITs announce significant debt deals; survey finds back leverage strategies being rapidly adopted in Europe; and more in today's briefing, exclusively for our valued subscribers.
To grasp opportunities in a reset European lending market, lenders need to look beyond their traditional roles, argue Deutsche Pfandbriefbankโs Duncan Pearson and Charles Balch in this episode of The PERE Podcast.
Nordea provides โฌ400m to refinance a portfolio of Danish assets for manager Rubik Properties; five Nordic banks club together to back residential developer JM; Oxford Properties and Hines source financing for their redevelopment of 10 Paternoster Square in London; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.
The crisis in the Middle East is on delegates' minds at this year's MIPIM; Savills acquires Eastdil Secured in a $1.1bn deal; KKR partners with Puma Property Finance on a UK residential lending strategy; survey finds back leverage strategies being rapidly adopted in Europe; and more in today's briefing, exclusively for our valued subscribers.