January 2013 Issue
Goldman’s and BoI’s €400m lending supports Irish revival
Bank of Ireland and Goldman Sachs fund seven deals for buyers including Blackstone and Kennedy Wilson, as foreign players join Irish bargain hunt
Foreign buyers seek bargain gems in repriced Emerald Isle
IRISH PROPERTY MARKET Private equity leads as overseas capital re-enters Irish investment market, reports Jane Roberts
DC switch may cut off flow of pension income to property
DC PENSIONS Industry to research how property can meet the needs of DC pension funds, reports Alex Catalano
Government’s pension trust set for direct property buys
State pension manager NEST tenders UK and global REIT mandates
Lloyds raises its targets for real estate lending in 2013
Lender is believed to have set £2.5bn target for global corporates team
Moor Park will launch ARC into European investment
US REIT is targeting European sale-and-leaseback deals via UK manager
Fizzy aims to add sparkle for investors in UK rented sector
PRIVATE RENTED SECTOR Housing association believes Macquarie’s backing will attract institutions, writes Doug Morrison
FSA puts pressure on banks to adopt slotting in place of ‘ropey’ risk models
Regulator tells banks to start using slotting’s ‘simple buckets’ to weigh up their property loan risk
Optimistic industry tips this year’s trend to be recovery
ULI EMERGING TRENDS REPORT Report finds industry leaders upbeat about investment and profitability, writes Alex Catalano
Recent property lending deals
CAPITAL DATA
Lloyds makes a bigger splash as debt tide shows signs of turning
The property teams at Lloyds have been out spreading the word that the bank has much higher targets for real estate lending in 2013, targets that seem to have taken even them by surprise. But it’s a pleasant surprise and is backed up by the bank’s corporate real estate head, Richard Heath, who couldn’t discuss […]