REC staff
Traditional lenders and debt funds fuelled by back leverage are competing for borrowers, with transaction volumes poised to increase, says Newmark’s Matthew Featherstone.
Cain secures £350 million (€400 million) from KKR to refinance a UK industrial and logistics portfolio; NatWest, Santander and HSBC issue a £275 million revolving credit facility to Harworth Group; Natixis Pfandbriefbank provides Germany's Phoenix Spree with a €255 million loan; 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.
This episode of The PERE Podcast discusses ICG’s retrenchment from Asia, following a line of Western managers doing the same. We also speak to Goodwin Gaw, chairman of Gaw Capital, about his views on the current trend and the firm’s renewed focus on the region.
The real estate finance market responds to the UK's 2025 Autumn Budget; KKR issues £350m to Cain to refinance its industrial and logistics portfolio; Barkha Mehmedagic appointed as top commercial real estate financier at pbb Deutsche Pfandbriefbank; and more in today's briefing, exclusively for our valued subscribers.
Aareal Bank, Danske Bank and OP Corporate Bank issue €358m for Helsinki's Mall of Tripla; JPMorgan, Crédit Agricole CIB, BNP Paribas and Societe Generale issue a €500m bridge loan to Argan; Eldridge Real Estate Credit provides a £146m facility for a purpose-built student accommodation development; 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 PERE Podcast spotlights a slew of M&A deals involving some of the country’s biggest corporations staking their claims, featuring Patron Capital founder Keith Breslauer.
The latest securitisation to be launched in Europe adds to the region’s CMBS mini-boom; three banks back a major Finnish shopping mall in a €358 million refinancing; UK developer Landsec cites squeezed returns as it pauses construction; and more in today's briefing, exclusively for our valued subscribers.
Apollo Global Management and Ares Management are close to agreeing a €1.5bn deal to refinance Blackstone's Spanish build-to-rent company; Just Group issues a £136m loan to Oval Real Estate; ING provides Accolade Industrial Fund with a €56m loan to refinance four logistics parks in Spain; 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 submissions window for the Real Estate Capital Europe Awards 2025 closes soon; Tritax turns to the bond market to raise fresh capital; credit specialists consider a new cycle at PERE’s New York event; and more in today's briefing, exclusively for our valued subscribers.
Nordic manager Kinnerton Capital provides a €91m senior construction facility for a residential project in Greater Copenhagen; Puma Property Finance issues a £31m loan to fund UK care home developer North Bay; Topland Vintage Group provides debt secured by a retail and office building on London's Oxford Street; 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.