The most important UK and Continental European commercial real estate deals collected in our database, updated every Friday.
The New York-headquartered manager has extended its long‑standing relationship with the platform’s owners, StepStone Group and Proprium Capital Partners.
Margins remained stable during Q1, but the firm has observed growing nervousness around agreeing loan terms.
In this week’s episode of The PERE Podcast, EQT’s recent run of industrial sector sales and acquisitions provides a roadmap for how other scaled real estate managers may prioritise bespoke deals over bulk transactions to modernise for the market cycle ahead.
Cheyne Capital provides a €288.6m loan to support a value-add repositioning of Parisian asset; Deutsche Bank issues £925m (€1.1bn) secured by London's Olympia; SMBC leads Asian lender consortium to provide logistics developer CTP with €280m 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.
The German backers of the London project have agreed to inject £500m of equity as part of the refinancing.
The EQT-backed operator was the third data centre owner to tap the region’s capital markets.
As the dust settles on BNP Paribas’ acquisition of AXA IM, Isabelle Scemama says aligning different types of capital is a priority for the group’s recently merged alternatives business.
The manager says there is ‘momentum’ behind its fundraising activities as it targets a €500m final close.
UK swap rates and eurozone rose ahead of the UK central bank’s announcement that it would hold rates at 3.75%.