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The Swiss Life-owned firm’s second UK residential lending fund is pursuing a niche strategy of small, high-yielding loans in London’s suburbs amid a cooling high-end market in the capital.
Competition to lend in Q1 2018 led to margins tightening in smaller Western European countries, the consultancy’s European Debt Map shows.
The figures that shaped the property finance industry last month.
The German bank has provided a £48m loan backed by the 55 Colmore Row office building.
Real Estate Capital’s data on the latest UK and continental European real estate lending deals.
Property owners are reluctant to sell assets, meaning refinancing will be a major driver of lending activity.
The Dutch bank has provided a seven-year facility priced at 1.6% to the residential rental company.
The mixed-used scheme, which includes luxury apartments and office space and is backed by Israeli billionaire Teddy Sagi, has attracted £72m of debt finance.
The German bank provides acquisition financing for a residential-led portfolio in Hamburg.
A syndicate of 12 banks has provided the five-year debt facility with an initial margin of 90bps.