Morgan Stanley has refinanced the debt secured against London & Regional’s Atlas hotel portfolio through a five-year, floating-rate loan.
In the second of three installments, Real Estate Capital examines the leading lenders in Europe today.
Finland is on the radar of international investors and lenders, joining its Nordic
neighbours as a hot destination for real estate capital.
Blackstone is to fund its latest push into the Nordic real estate markets with a €2.6 billion financing of its recently acquired Sponda platform in Finland, in one of the cycle's largest real estate lending deals.
Brookfield Property Partners has put part of its logistics platform IDI Gazeley up for sale, alongside efforts to refinance the business.
Brookfield Property Partners is seeking a major refinancing of its $3.5 billion logistics platform IDI Gazeley ahead of a potential sale.
Morgan Stanley has securitised a portion of the circa £345 million whole loan which it provided to Blackstone last May to refinance the Devonshire Square estate in the City of London.
Pan-European logistics developer P3 Logistic Parks has closed a €1.4 billion refinancing of its portfolio in the largest real estate financing this year, and ahead of a potential sale of the business.
The company has put three seven-year facilities in place, bringing in new lenders, and providing capital to take advantage of future opportunities.
Despite challenging market conditions, a diverse array of organisations continues to provide finance to the European property sector. Real Estate Capital’s roll call of the most active lenders in European property finance today once again demonstrates the weight of capital available in the market.
Vornado Realty Trust has completed a $675 million refinancing on the trust’s iconic 3.6 million sq ft Merchandise Mart (MART) retail and office building near downtown Chicago.