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The US bank has provided a £45m loan to the GCP Student Living REIT, which has noted a ‘structural shortfall’ of such assets across the UK.
DekaBank and pbb provide a €117.3m loan for three prime industrial facilities in Germany as local banks continue to benefit from burgeoning institutional investment.
Yields have reached a floor in the country, meaning investors and lenders should focus on assets with potential for rental growth.
Banks from Italy, France and the Netherlands have participated in a financing of several properties.
The financing of a shopping scheme in the country demonstrates banks’ returning appetite for real estate debt.
Helaba and pbb Deutsche Pfandbriefbank have backed a portfolio owned by Globalworth.
The French REIT sources its second debt facility to be indexed on its GRESB rating.
Lar España has sourced €98.5m from local banks for the construction of a shopping centre in Seville.
A syndicate of 15 banks signs the five-year loan, with the margin of the debt facility linked to the French group’s ESG performance.
BAML and Morgan Stanley launch €338m loan securitisation in a transaction sponsored by Blackstone – the seventh this year in the resurgent European securitisation market.