German lender DekaBank is to underwrite a €290 million financing of the purchase of a Paris office tower by a Korean investor consortium, Real Estate Capital understands.
Gramercy Property Europe, the sale and leaseback investment fund, has financed a German logistics portfolio with a €131.6 million loan underwritten and arranged by DekaBank.
Deka Realkredit Klassik, the real estate debt fund owned by DekaBank, has bought a loan secured by a New York office and retail building from its parent organisation.
The Deka Realkredit Klassik debt fund has purchased a senior $25 million tranche of a commercial real estate loan that was used to refinance One New York Plaza in Manhattan earlier this year.
Despite challenging market conditions, a diverse array of organisations continues to provide finance to the European property sector. Real Estate Capital’s roll call of the most active lenders in European property finance today once again demonstrates the weight of capital available in the market.
Two European banks have financed the purchase of the largest prime office building in Dublin, Real Estate Capital can reveal.
The "Deka Realkredit Klassik" debt fund has amassed more than $600 million (USD) in net assets as it continues its strategy of purchasing the first position tranches tied to DekaBank's existing commercial real estate loans.
DekaBank has completed the $300 million refinancing of Vornado Realty Trust's nearly 1 million sq ft One Park Avenue office building in Manhattan.
DekaBank has provided a €41.4 million senior loan to finance Schroder Real Estate’s acquisition of a mixed-use hotel and office property in Berlin.
Market jitters make some exits harder, but demand for CRE loans remains robust