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Pbb provides €140m for German residential scheme

German bank pbb Deutsche Pfandbriefbank has provided a €140 million loan to local developer Gerchgroup to fund a land acquisition in Cologne, Germany.

The benefits of German banking consolidation

Deutsche Hypo’s purchase by one of its rival real estate lenders could prove a canny move.

Insurers provide £165m loan to Regional REIT

UK-based property company Regional REIT has signed a £165 million (€188 million) secured loan with Scottish Widows, through its partnership with Lloyds Bank’s Bank of Scotland, and Aviva Investors.

GreenOak closes first European debt fund on €600m – Exclusive

The firm’s Europe debt head Jim Blakemore (pictured) says fundraising for the regional vehicle was ‘a lot easier’ than it was for its first UK debt product thanks to investors being more comfortable with the strategy nowadays.

Bank Pekao provides €200m loan for Polish mall

Poland’s Bank Pekao has written a €200 million loan to refinance the Galeria Północna retail park in Warsaw.

German banks ‘bid for Deutsche Hypo’

LBBW, Aareal and pbb have reportedly submitted offers to buy the German mortgage bank, with a final decision on its sale due in January.

DRC Capital closes third mezzanine fund on £600m – Exclusive

DRC Capital has closed its third mezzanine and whole loan fund on £600 million (€682 million).

Lloyds and Scottish Widows arrange £40m loan for LXi REIT

Lloyds Bank Commercial Banking, through its partnership with group insurer Scottish Widows, has provided a £40 million loan (€45.27 million) to UK real estate investment trust LXi REIT.

Aviva finances UK retail warehouse parks with £54.16m loan

Aviva Investors has written a £54.16 million (€61.44 million) loan to refinance the acquisition of four retail warehouse parks by UK REIT Ediston Property Investment Company (EPIC).

CBRE poaches PwC’s property corporate finance director

Global broker CBRE has hired PwC’s former real estate corporate finance executive, Philip Shields (pictured), as senior director within its Capital Advisors team.