Banks

The loan facilitates IBA, Batipart and Covéa’s acquisition of a four-asset, mixed office and logistics portfolio spread across Madrid and Barcelona from AXA.

An existing syndicate of eight banks led by NatWest provided the five-year loan.

European advisory specialists report investment banks, including back leverage providers, are nervous.

In this podcast, we explore why Sweden, one of Europe’s most bank-dominated markets, remains fertile ground for non-bank lenders.

Wells Fargo and Deutsche Bank were the chosen lenders while 30 debt providers proposed competitive terms.

The debt will finance the environmental upgrade of half of Archer Hotel Capital’s assets.

The listed borrower secured a fixed all-in euro cost of 4.12%, citing attractive yen-euro swap rates.

The German-focussed lender said the market remains challenging as it presented its latest financial results.

Following the country’s election and a major fiscal reform, real estate finance professionals are hopeful for growth.

The risk management firm says uncertainty over US tariffs is leading to market inertia.