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LaSalle Investment Management has written its first loan in the Spanish market, financing the purchase of a student housing portfolio for sector specialist GSA.
Dutch lender ING Bank has written a €120 million term loan that will be used to continue the refinancing process of the CBRE Global Investors Dutch Retail Fund’s debt facilities.
The growth rate in new German commercial property finance business halved during 2016 to 10 percent and is set to decrease to 5 percent this year, the latest German Debt Project Report has shown.
Pbb Deutsche Pfandbriefbank has provided €36.5 million to finance the acquisition of four office buildings in Finland in the latest of a series of deals it has recently agreed in the strategically important Nordic markets.
BNP Paribas Asset Management – recently rebranded from BNP Paribas Investment Partners – has established a division focusing on private credit investments, according to a company announcement. The division is branded as the firm’s private debt and real assets investment group.
Japanese bank Nomura has provided a €104 million loan to European real estate fund manager Aerium to refinance the H20 office building located in Luxembourg.
Natixis and BNP Paribas have written a €250 million loan to finance Data4, a pan-European owner of data centre properties.
The second real estate debt fund raised by AEW Europe and the asset management arm of French bank Natixis has provided a €35 million participation a French portfolio financing.
Pbb Deutsche Pfandbriefbank and Helaba have written a €225 million loan to refinance debt secured by a 13-strong mixed-use portfolio in the Netherlands.
Allied Irish Bank (AIB) has provided a €32 million loan to Marathon Asset Management to finance a retail park owned by the US investor in Dublin’s southern suburbs, Real Estate Capital has learned.