REC staff
The owner of London’s Aldgate Tower agrees to inject equity as the loan against the office building comes due; Cheyne Capital joins forces with an insurer in a large-scale London hotel sector refinancing; ADIA puts further emphasis on real estate debt with a commitment to Arrow Capital’s lending strategy; and more in today's briefing, exclusively for our valued subscribers.
The lowering of the credit ratings on the CMBS notes that finance The Squaire office and hotel building in Frankfurt highlights the challenges facing German real estate; Stuttgart-based debt platform BF.capital plans to target transitional lending opportunities with a €300 million fundraising effort; real estate services firm Newmark hires Steve Williamson from CBRE for its European debt advisory business; and more in today's briefing, exclusively for our valued subscribers.
Real estate industry professionals hope for stability for the UK following the country’s election, but are fearful for France’s future following its vote; residential owner Aroundtown raises capital through the bond market; BNP Paribas REIM says the market is in recovery mode; and more in today's briefing, exclusively for our valued subscribers.
The downgrading of ratings on the notes in a Blackstone-sponsored CMBS hints at the market’s current challenges; Fiera’s European real estate lending platform pushes further into student housing with a UK loan; PIMCO elevates executives to co-head its commercial real estate private lending; and more in today's briefing, exclusively for our valued subscribers.
The first loss in the most senior tranche of a European CMBS since the global financial crisis hints at trouble ahead in the capital markets; Blackstone secures another extension to maturing securitised debt; CBRE’s survey of lenders suggests a return of origination appetite; and more in today's briefing, exclusively for our valued subscribers.
A €720 million Nordic flexible office refinancing, led by US bank Citi, highlights lender appetite for the right properties; Beleaguered UK real estate investment trust Home REIT faces a refinancing problem; Germany’s pbb Deutsche Pfandbriefbank gets behind manager demand for logistics with a €118 million loan deal; and more in today's briefing, exclusively for our valued subscribers.
The ECB interest rates cut is given a measured welcome by European real estate industry professionals; Spain’s Incus Capital hires with a view to expanding in Germany; LBBW and Delancey’s London refinancing demonstrates lender support for prime offices; and more in today's Term Sheet, exclusively for our valued subscribers.
Brookfield’s Brian Kingston tells just launched affiliate title PERE Credit he sees a huge role for real estate debt going forward; Europe’s real estate industry participants poised for ECB rate cut; Blackstone aims to secure an extension to more securitised Italian retail debt; and more in today's Term Sheet, exclusively for our valued subscribers.
Debt Fund 30 managers’ collective year-on-year lending volume increases
Inside: The REC Europe Debt Fund 30 – our ranking of the biggest debt fundraisers on the continent; Plus the trends driving the capital; Profiles of the leading firms; And much more...