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A club of four banks has provided a total of €216.3 million of finance to the recently-launched listed Italian real estate investor Coima RES, which will in part fund its maiden purchase of the bulk of Vodafone’s Milan office complex.

Property investor Hansteen has sourced a €145 million loan from ING Real Estate Finance and AXA Real Estate Investment Managers SGP to refinance a portfolio of light industrial assets located in the Netherlands.

ING Real Estate Finance (REF) has provided a €41.3 million loan to the Portuguese retail investor Sonae Sierra to refinance a shopping centre in North West Italy.

Law firm White & Case has beefed up the London arm of its global banking practice with the hiring of real estate finance lawyer Jeffrey Rubinoff (pictured) as a partner with the firm.

Credit Suisse Asset Management (CSAM), the Class X noteholder in four legacy Titan Europe CMBS deals, has been granted leave to appeal an April High Court judgement which rejected its claim for additional interest in payments due to it.

The Mortgage Bankers Association (MBA) has projected that originations of commercial and multifamily mortgages will total $500 billion in 2016, a hefty number given the volatility that the CRE finance market has experienced so far this year.

Falling UK commercial property prices are likely to put pressure on several domestic and Irish banks, although the reduction of their exposure to the sector in the last five years means that their capital provisions have materially improved, according to an analyst report published by JPMorgan Cazenove.

The surprise Brexit vote blindsided the US CRE finance industry and could potentially derail modest progress to the faltering US CMBS markets, according to Kroll Bond Ratings agency.

Many experts believe that Brexit will create a flight to quality into US commercial real estate, but foreign money is likely to increasingly target secondary markets, one prominent real estate lawyer tells Real Estate Capital.

ING Real Estate Finance (REF) has hired a new managing director and head of origination for Germany as it attempts to expand its commercial property lending operation in the country.