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Retail specialist sees more attractive secured financing costs as it refinances debt used for the acquisition of Poland’s Wars Sawa Junior retail complex.
Almost a decade since the launch of the Spanish equivalent to the REIT regime, listed property vehicles are creating significant business in the debt space.
A sector-wide dump of property is scheduled between now and 2020. The period will be a litmus test for the asset class.
Shops are most likely to feature at the top of investors' sell-lists, according to the latest Real Estate Capital and Colliers International pricing survey.
The UK retail sector may be in crisis, but amid the challenges lenders can still find opportunities.
German bank provides £107m loan to Hana Financial Investments, supporting what is claimed to be the largest single asset purchase in the sector so far this year.
The financing of a shopping scheme in the country demonstrates banks’ returning appetite for real estate debt.
Lar España has sourced €98.5m from local banks for the construction of a shopping centre in Seville.
Amid warnings of ‘enormous complacency’, deepening gloom on the UK’s high streets should encourage lenders to adjust their strategies.
The facility, provided to German pension fund BVK, finances what will be Apple’s flagship European store on the Champs-Elysées.
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