Hospitality

The loan, provided alongside two other banks, is secured against a cross-border portfolio.

The private equity firm has sourced debt from three lenders for its Generator Group, in one of the largest financing deals of the year so far.

The Wiesbaden-headquartered lender says the city’s hospitality sector is performing well in an inflationary environment.

Leumi UK has provided a £43.7m loan to Israeli firm Fattal Hotel Group for the acquisition and refurbishment of the historic Grand Brighton Hotel.

The US manager has sourced debt including €310m of mezzanine for 15 hotels.

The London-based manager‘s pan-European CREDO fund has invested in the Irish hotel market as it sees competitors ‘retreating’.

The manager, which has financed KSL-backed Beaumier, is seeing consumers shift focus away from mainstream brands.

Debt providers increasingly view hotels as an appealing asset class despite economic headwinds.

In a webinar last week, the French bank argued the provision of debt in European real estate markets has not been significantly impacted by political and economic factors.