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Financing deals in the UK capital this month suggest some debt providers are keeping faith in the city’s fundamentals.
Covid-19 is fuelling occupier demand for more flexible office arrangements, meaning less certainty for landlords and their debt providers.
The insurer has closed its largest European debt deal yet, backing a portfolio of prime offices across the UK capital.
For multiple reasons, Europe’s biggest property market has been an outlier in the region during the course of the pandemic.
€650 million was raised for the project by an investor pool including Icawood and BNP Paribas
An expected increase in acquisitions gives lenders hope that financing mandates will follow
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