refinancing

Financial intermediaries argue the current crisis has increased the need for their services

An expected increase in acquisitions gives lenders hope that financing mandates will follow

After its €200m green loan to Irish property company IPUT, Wells Fargo’s head of UK CRE lending says sustainability has become a core concern for sponsors.

The €205m refinancing facility for Northwood Investors was described by DWS’s Oswatitsch as having a ‘defensive nature’.

The long-term refinancing facility for the Connaught and the Berkeley, two of London’s most luxurious hotels, was arranged by US bank Citi.

The Qatar Investment Authority has signed a debt facility with a syndicate of six banks to refinance its global headquarters in the Canary Wharf financial district.

The Spanish REIT, recently bought by Blackstone, has signed a facility maturing in February 2020 with BNP Paribas.

Healthcare REIT MedicX has refinanced £233.7m of existing loans from the insurer, while increasing the facility by £30.8m.

The bank has provided £230m of debt to back US REIT Global Net Lease’s entire UK office portfolio.

The UK-focused firm has refinanced a £129.6m loan and extended a £20.5m revolving credit facility.