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Alternative sectors
Unite Group, the UK student housing specialist, has signed unsecured debt facilities totalling £500 million (€565 million) with HSBC and Royal Bank of Scotland.
Empiric Student Property has signed a £70 million (€78 million) revolving credit facility with Lloyds Bank Commercial Banking to fund future purchases of student accommodation.
JLL has appointed Chris Gow as head of debt advisory for the firm’s hotels and hospitality division in the EMEA region.
Germany’s Aareal Bank has provided a £330 million (€375 million) senior financing of London-based investor Henderson Park’s debut deal in the UK hotel market.
LaSalle Investment Management has written its first loan in the Spanish market, financing the purchase of a student housing portfolio for sector specialist GSA.