Following Santander’s rescue of Banco Popular, its JV deal with Blackstone to tackle €30bn of distressed real estate assets could prove a success story for both the bank and the private equity real estate giant.
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Europe’s largest private real estate deal will involve a €6.8 billion loan, but Chinese banks are likely to be first in line for the €3 billion that will be syndicated.
The state of German CRE lending: five crucial issues
Non-core property debt is being offloaded in innovative ways amid pressure to reduce toxic portfolios.
Legal & General’s three-year loan to GreenOak demonstrates how insurance companies are laying their roots in unfamiliar territory.
Measures to monitor long-term asset value could help prevent boom and bust in real estate finance.
The Bank of England’s concern about ‘stretched’ commercial property values serves as a reminder for real estate lenders to remain vigilant.
Given the losses suffered by banks on legacy property loans, the real estate lending market’s diversification is of systemic importance.
More evidence that Asian investors have their sights set on European assets, creating financing opportunities.
The use of subscription credit lines by private fund managers has come under scrutiny. Real estate equity and debt fund managers should take note of the discussion.