Home Loans
Loans
The lender has backed the redevelopment of two historical palaces into a luxury hotel and branded residential.
Half of the 22-asset portfolio of Hamberley Care Homes has been refinanced.
The £100m loan backs the Puma Real Estate Secured Credit vehicle, which reached first close in December.
The €155m financing from Bank Millennium supports the acquisition of four Polish logistics assets.
There will be more acquisition financing opportunities next year, he says.
Lenders must be highly selective and disciplined in underwriting to avoid mispricing risk, he says.
The loan will support the expansion of a UK single-family housing strategy.
The office building, subject to a €530m financing, has only been sold twice since it was built in 1913.
The loan represents one of the largest central London office financings of the year.
The owners have used the funding to acquire a 40-acre plot of land.