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Allianz to add development lending to its debt capabilities – Exclusive

The German insurer is aiming to diversify its property loan book with ‘enhanced’ lending products.

UK lenders play it safe, survey shows

A survey of UK debt trends shows alternative lenders are encroaching further into senior banks’ territory.

Niche UK lenders still bridging development debt gap

Titlestone Structured Finance and Shawbrook Bank have provided £42.5m across two facilities for a London residential scheme.

New entrant is latest to target development debt gap

Glenhawk, a London-based bridging finance provider, is the latest start-up to target the gap in the UK market for short-term property finance focused on developments.

Select sources £109m loan for Manchester development

Select Property Group has sourced a £108.9 million (€123 million) loan from a club of lenders to fund the development of a build-to-rent scheme in Manchester.

Lloyds backs Ballymore’s reinvention of Nine Elms

Lloyds Bank has written an £82 million (€92 million) whole loan to developer Ballymore to bring forward an office building at Embassy Gardens, its regeneration project close to the site of the new US embassy in London’s Nine Elms.

Maslow boosts lending with residential and student housing deals

UK-based development finance provider Maslow Capital has completed four financing deals totalling £74 million (€83.8 million), in a move to diversify its loan book.

HSH writes €139m loan for Hamburg residential scheme

Germany’s HSH Nordbank has provided a €139 million loan to domestic developers Aug Prien Immobilien and DC Developments to fund a residential scheme in Hamburg.

LOOK AHEAD 2018: UK housing presents a clear opportunity for lenders

Market players should help tackle the UK’s housing shortage in 2018, writes Randeesh Sandhu, CEO of residential development finance specialist Urban Exposure.

Pbb provides €140m for German residential scheme

German bank pbb Deutsche Pfandbriefbank has provided a €140 million loan to local developer Gerchgroup to fund a land acquisition in Cologne, Germany.

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