Investors

The departure came after the biggest UK life and pensions provider combined its infrastructure and property teams and appointed Manuel Dusina as head of real assets.

The REIT will retain control of the £380m of existing debt following NBIM’s 25% stake in the estate.

On The PERE Podcast, Jonathan Brasse, Harrison Connery and Greg Dool examine a blockbuster capital raise for the emerging opportunistic manager.

CalPERS backed the manager's latest debt strategy with a $1.5bn commitment, while Illinois, New Mexico and Ohio institutional investment funds also contributed to the fundraise.

The country’s largest life and pensions firm is talking to potential partners about investing in commercial property debt in continental Europe and the US.

Lenders will ‘become less paternalistic and maternalistic’, said the firm’s head of UK and European commercial research.

Panellists at CREFC Europe’s Autumn Conference said lenders with available capital are keen to close deals.

The firm’s co-founder says fundraising in today’s market requires more effort than three or four years ago.

The €499m bond, due to mature in October, was restructured with the help of a €100m loan from majority shareholder Apollo.

In its latest foray into European real estate debt, the investor has committed to a living sector financing strategy.