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Brookfield’s Gazeley sale nears with CBRE appointment

Brookfield Property Partners has put part of its logistics platform IDI Gazeley up for sale, alongside efforts to refinance the business.

Prime margins tighten in competitive UK market, says CBRE

Competition among lenders for prime real estate lending deals in the UK market during Q1 2017 resulted in some unwinding of the rise in loan margins which occurred in the immediate aftermath of the UK’s Brexit vote last June, new research by CBRE suggests.

CBRE: $1.7trn global ‘dry powder’ available for real estate

Global real estate ‘dry powder’ has hit $1.7 trillion driven by stronger economic growth, greater debt availability and growing investor confidence, said the CBRE Global Investor Intentions Survey 2017.

UK margins increased by 40bps in 2016, says CBRE

UK commercial real estate loan margins increased by around 40 basis points across the whole of 2016, with the bulk of the movement in the final week of June after the country’s EU referendum, according to new research released by CBRE.

UK CRE values rise for first time post-Brexit

The post-EU referendum slide in UK commercial property values seemed to reverse in October, with a slight increase recorded in CBRE’s latest monthly index.

UK senior debt returns stabilise post-Brexit

Returns from UK senior debt stabilised in the first three months after the Brexit vote according to CBRE, but more volatility is likely in the coming months.In its latest quarterly UK debt prospects report, the firm said its forecast for annualised gross returns from five-year lending in the third quarter 2016 was 3.1 percent, unchanged from Q2 2016.

CBRE arranges $140m loan on Ohio office tower

CBRE Capital Markets’ Debt & Structured Finance a $140 million loan from Morgan Stanley for the refinance of Huntington Center, a 37-story, 907,010 sq ft Class A office tower in Columbus, Ohio, Real Estate Capital has learned.

CBRE arranges $500m Freddie Mac acquisition financing

CBRE Capital Markets has arranged one of the largest multifamily transactions of 2016, placing $500 million of Freddie Mac financing on Strata Equity Group’s $720 million acquisition of a 24-property portfolio spanning four US states.

Northwestern Mutual backs Minneapolis tower with $85m loan

Northwestern Mutual Life Insurance Company (NML) has provided a construction-to-permanent loan in excess of $85 million the development of 365 Nicollet Residences, a 30-story, 369-unit apartment tower in downtown Minneapolis.

Middle East investment in US CRE sharply increasing, says CBRE

Middle East investors vastly increased the amount of money they investment in US CRE during the last year-and-a-half compared to the previous two years, investing a larger percentage in New York than any other major city outside the Persian Gulf region for the first time in nearly a decade.