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Aviva Investors has written a £54.16 million (€61.44 million) loan to refinance the acquisition of four retail warehouse parks by UK REIT Ediston Property Investment Company (EPIC).
US investor Kennedy Wilson has completed two refinancing deals with the Bank of Ireland across seven Irish assets.
Investors are more upbeat about the near future for the UK market, according to the results of the latest Colliers International and Real Estate Capital Investor Pricing Survey.
The French real estate investment trust Klépierre has raised €500 million through a bond issue.
The seven-year debt facility is secured against a portfolio owned by Aquila
Deutsche Hypothekenbank has written a €81 million debt facility to finance the Galeria Baltycka shopping centre in Gdansk, Poland.
The portfolio is made up of €342 million in residential assets, land and work-in-progress properties amounting to €180 million and retail assets worth €80 million.
German banks pbb Deutsche Pfandbriefbank and Helaba have provided a €67.2 million loan to CBRE Global Investors’ European Shopping Centre Fund II.
Allianz Real Estate has provided a €290 million loan to German pension fund BVK Bayerische Versorgungskammer for the financing of Ireland’s Liffey Valley shopping centre. The insurer acted as sole lender, providing a seven-year fixed-rate loan “at an attractive all-in rate and a conservative LTV”, Allianz said. It declined to provide further details of the […]
Allied Irish Bank has provided a €155 million loan to refinance the Jervis Shopping Centre in Dublin, Real Estate Capital has learned. AIB Real Estate Finance gave the loan to JSC Properties, a company owned by Northern Ireland property developers Padraig Drayne and Paddy McKillen. The retail park was opened in 1996. The seven-year whole […]