Offices

The senior green financing is secured against Milan’s Park West Office district.

CEO Tuomas Sahi sees the office market in Helsinki picking up again now that property investors have a better sense of pricing dynamics.

The latest valuation for the River Ouest campus is €204m lower than when it was bought five years ago.

Standard Chartered is the latest to provide a big-ticket loan in what debt advisers describe as a competitive market.

The German-focussed lender said a pronounced market recovery was not yet in sight.

The loan facilitates IBA, Batipart and Covéa’s acquisition of a four-asset, mixed office and logistics portfolio spread across Madrid and Barcelona from AXA.

A proposal to restructure £460m of debt secured by the London property shows Brookfield would not have recouped enough from a sale.

The debut financing, secured against a London office development, supports the firm’s strategy to finance transitional assets.

The German lender revealed plans to expand its loan portfolio to €37bn by 2027.

The landmark on the skyline of Italy’s fashion and financial capital has been given a cash injection.