Loans

The business school’s 2024 report shows rate cuts boosted lending activity, but defaults rose as debt costs remained elevated.

The loan will be used to refinance debt on Lakeside Retail Park in Essex, a property the partners acquired for £114m in March.

An existing syndicate of eight banks led by NatWest provided the five-year loan.

Welcome to the first edition of Real Estate Capital Europe's weekly loans newsletter, which rounds up the latest lending deals in European real estate. REC Europe tracked loans totalling €850 million in the last week. Among the newest debt deals is a ¥30 billion (€185 million) loan issued to European logistics manager CTP via the yen-denominated, cross-border syndicated loan market. Also included, is a £300 million (€360 million) refinancing to London-listed Warehouse REIT issued by an HSBC-led club. To see our full collection of loans transactions, go to the REC Europe lending database.

The specialist lender’s CFO says the firm is expanding its capital base.

Christian Fladeland, co-chief executive of the Swedish company, says bank margins are reducing.

Bond demand, loan pricing, and credit quality could be impacted by the current turmoil, says Chatham Financial’s Jackie Bowie.

Special servicer SitusAMC has agreed to a one-year extension on the loan backed by The Squaire, which was set to mature this month.