Borrowers

Despite a risk-off environment, lenders are ‘having to get their heads around’ operational deals given the uptick in activity in the space.

Receiverships at Docklands office buildings in London suggest even prudent senior lenders will be impacted by problems in the office sector.

Debt providers can take steps to navigate complex situations in this challenging market, comments Ali Khaki, insolvency practitioner with FTI Consulting.

The Canadian manager secured financing from a consortium of lenders to develop a further 440,000 sq ft on its Harwell campus in Oxford.

Large commercial real estate exposures and rising credit risks of Swedish loans make the region’s biggest banks vulnerable as prices decline, DBRS MorningStar warns.

The Central Bank of Ireland’s latest review foresees continued price declines testing loan-to-value covenants.

The head of Europe for the risk management firm sees sponsors aiming to push out debt maturities by up to two years.

The investment manager acquired one of France’s largest studios from French property manager Nexity.

The transaction, on which JLL advised, was completed at a time when banks increasingly scrutinise office loans.

Regional bank failures and vacant offices are causing concerns about the US financial and real estate sectors. Europe’s property finance professionals are watching and considering the implications for their markets.