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LaSalle borrows €700m in 2014

LaSalle Investment Management’s debt financing team arranged €714m of financings in 2014.

LaSalle Investment Management’s debt financing team arranged €714m of financings in 2014.

The fund manager closed deals with 15 lenders and was active in Germany, France, the UK, Sweden and the Netherlands. Its total was a 3% rise on the previous year and the company has now arranged €2.6bn in the last three years; its loanbook currently stands at €2.3bn.

Roberto Carrera, LaSalle’s European head of financing said: “The liquidity flood unleashed by European central banks has led swap rates to tumble across the board and some of this liquidity has reached property financing, fueling increased competition particularly among senior property lenders.

“As senior lenders search for their niche, more than ever investors therefore need to ensure they partner with the right lender to meet their goals.”

 

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