Venn, part of Hong Kong's ESR Group, issues a £200 million (€236 million) loan to developer Vivid Homes; OakNorth and other members of a lender club provide a £190 million facility to Fortress Investment Group and Lion Capital; Nordea Bank supports eQ Group with a €160 million loan secured by residential properties in Finland; 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 survey of the UK commercial real estate lending market by Bayes Business School highlights positives and negatives for the sector; Brookfield indicates its ambitions in private credit, including real estate debt; CBRE highlights the continued debt funding gap facing Germany’s property sector; and more in today's briefing, exclusively for our valued subscribers.
JPMorgan issues a €200 million loan to Oaktree Capital Management's new Iberian lending platform; Blackstone provides a £260 million (€304 million) facility backed by UK logistics; Eldridge Real Estate Credit's £100 million loan backs major purpose-built student accommodation scheme; 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.
Los Angeles-based manager Oaktree has expanded its Iberian real estate lending through a platform acquisition; Edinburgh-headquartered manager Aberdeen has lent in Ireland as it seeks to broaden its geographical scope; affiliate title PERE Deals examines tariff disruption’s impact on private real estate dealflow; and more in today's briefing, exclusively for our valued subscribers.
The loan will be used to refinance debt on Lakeside Retail Park in Essex, a property the partners acquired for £114m in March.
Starwood Capital issues a €437 million loan secured by thousands of German residential units; SEGRO receives a €1.6 billion revolving credit facility; Wells Fargo and Deutsche Bank provide Kennedy Wilson and AXA IM Alts with a $510 million refinancing facility secured by an Irish residential portfolio; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the last two weeks.
The Aldgate Tower office building in London is refinanced following extensions to its outstanding debt; Blackstone completes its first Norwegian property lending deal as alternative lenders explore the Nordics; Leumi UK arranges a loan-on-loan facility for a UK manager; and more in today's briefing, exclusively for our valued subscribers.
Patron Capital Partners is the latest high-profile manager to expand into the debt market; Blackstone fuels the European CMBS market with a major UK deal; The privatisation of some UK listed REITs gets closer; and more in today's briefing, exclusively for our valued subscribers.
In this podcast, we explore why Sweden, one of Europe’s most bank-dominated markets, remains fertile ground for non-bank lenders.
There is a significant piece of news – and positive at that – from the capital markets, despite a quiet week for European real estate debt otherwise. US manager Blackstone today confirmed it has securitised €798 million of debt held in the UK Logistics 2025-1 DAC. Besides this deal, six loans totalling €144 million of debt capital were recorded by Real Estate Capital Europe in the past week and they were all in the UK. Loans included a £62 million hotel refinancing issued by Leumi UK. Find out more about these loans below, plus the other latest additions to the REC Europe lending database in this week's round-up of lending activity.