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German banks’ results hint at the challenges real estate markets are presenting for them; Spanish banks are reported to be preparing to sell non-performing loans; Evergrande’s Chapter 15 bankruptcy filing provides a reminder of China’s ailing economy; and more in today's briefing, exclusively for our valued subscribers.
WeWork’s Q2 earnings call provides a concerning update; Italian credit specialist Prelios to be sold; Patrizia sources a major office refinancing in Frankfurt; and more in today's briefing, exclusively for our valued subscribers.
Vonovia reports €2.7 billion in asset value declines despite rental business growth; Patrizia sets sights on a €300 million fundraise for its second credit investment vehicle; Precede's Daljit Sandhu steps down as chief operating officer; Scope Ratings warns of further pressure ahead for property companies; and more in today's briefing, exclusively for our valued subscribers.
US flag flies in front of the US Capitol in Washington DC with cash behind the dome to illustrate coronavirus stimulus payment
US bank lenders will face stricter capital requirements with proposed regulatory changes.
A short supply of purpose-built student accommodation in the country is driving appetite.
No stress ahead for European banks, says the ECB; the US Federal Reserve seeks tighter rules on banks' capital requirements; Standard Chartered finances acquisition of City of London office; Aareal Bank issues meaty loan in the UK's student accommodation sector; and more in today's briefing, exclusively for our valued subscribers.
Starwood’s US office default adds another high-profile name to those that have not met debt deadlines this year; Goldman Sachs reveals real estate write-downs across its portfolio; a conclusion to the Evergrande saga appears closer; and more in today's briefing, exclusively for our valued subscribers.
The first European CMBS in more than a year is planned, secured by logistics properties owned by Blackstone; Fitch highlights potential stresses for a securitised Brookfield loan in Germany; Italy’s COIMA sources green financing for part of its Milan regeneration scheme; and more in today's briefing, exclusively for our valued subscribers.
Naxitis CIB says German lenders will struggle under its 'severe stress test' scenario; lending to account for half of South Korea public pension fund's overseas real estate strategy; Octopus Real Estate sets to work raising its fourth debt vehicle; HBSC warns investors away from UK REITs; Finloop finds debt funds behind most new issuances; and more in today's briefing, exclusively for our valued subscribers.
UK lenders take a further step towards standardised green lending with a draft ESG framework; Adler Real Estate, the Germany-focused business facing significant refinancings, is raided as part of an accounting investigation; Edmond de Rothschild Real Estate Investment Management’s fundraising target for real estate debt capital signals non-bank lenders’ ambitions; and more in today's briefing, exclusively for our valued subscribers.
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