Loans originated by Starz Real Estate are to be securitised in Europe’s first post-crisis CRE CLO; Missed debt payments at two Chinese development firms spark fears of a spread of the Evergrande crisis; France’s SCOR Investment Partners says sustainability is crucial to delivering for investors in its €629 million latest debt fund; and more in today’s briefing, exclusively for our valued subscribers.
A potential collapse of China’s Evergrande is expected to have worldwide ramifications among lenders; Investec’s financing of a modular construction scheme in the UK provides a vote of confidence in the modern building method; Allianz deploys £240 million in the competitive logistics market by lending against BentallGreenOak’s development drive; and more in today’s briefing, exclusively for our valued subscribers.
Senior executives at two of Canada's biggest institutional real estate investors said they expected state intervention to prevent the developer's $300bn debt pile from becoming a global issue.
S&P Global Ratings claims the fear may be greater than the reality, but there are plenty of examples out there to make investors feel uneasy.
SEGRO's green bond highlights investor demand for sustainable property debt instruments; Blackstone's fresh push into UK life sciences signals more financing possibilities ahead; M&G backs an Irish development lending programme to target an undersupplied market; and more in today’s briefing, exclusively for our valued subscribers.
Goldman Sachs’ backing of an Irish lending drive signals institutional capital’s interest in residential; Credit Suisse Asset Management joins financial institutions aiming to build rental housing portfolios; Nuveen’s Christian Janssen explains why the company’s third UK lending strategy is targeting a market ‘sweet spot’; and more in today’s briefing, exclusively for our valued subscribers.
NatWest's sale of a portfolio of UK shopping centre loans proves interest in retail; Debt newcomer Tristan Capital Partners provides its first loan; Cain International provides £109 million to support the development of a London office scheme; and more in today’s briefing, exclusively for our valued subscribers.
BlackRock discusses how inflation impacts the use of debt secured against real assets; affiliate title PERE delves into the controversial topic of investment in single-family rental housing; Germany’s Aareal refinances a major new development in Warsaw; and more in today’s briefing, exclusively for our valued subscribers.
The covid crisis has tempered issuance this year. But lenders are hopeful the market will revive as the US emerges from social restrictions imposed due to the pandemic.
Vonovia launches “last takeover offer” bid for Deutsche Wohnen; Latest office refurbishment loans show lenders’ growing eagerness to back the sector’s transition; Resolution Property sources £85 million (€99 million) facility to refinance The Hyatt Place London City East hotel; and more in today’s briefing, exclusively for our valued subscribers.