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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 […]
Dutch lender ING Bank has written a €120 million term loan that will be used to continue the refinancing process of the CBRE Global Investors Dutch Retail Fund’s debt facilities.
The second real estate debt fund raised by AEW Europe and the asset management arm of French bank Natixis has provided a €35 million participation a French portfolio financing.
Allied Irish Bank (AIB) has provided a €32 million loan to Marathon Asset Management to finance a retail park owned by the US investor in Dublin’s southern suburbs, Real Estate Capital has learned.
Landesbank Baden-Wurttemberg (LBBW) has provided a $170 million mortgage on six shopping malls in Southern Florida and Atlanta, Georgia.
TIAA Henderson Real Estate has refinanced an Austrian shopping centre in its €1.5bn European Outlet Mall Fund and plans to refinance three more of the malls by the end of the year. Deutsche Pfandbriefbank, one of the two previous funders,  issued a new €54.7m loan to refinance the fund’s centre in Parndorf, Austria. The five-year […]
A German pension fund has made another large investment in debt, providing €450m for the refinancing of Mall of Berlin in the German capital. Bayerische Versorgungskammer (BVK) contributed the senior portion of a larger €600m refinancing of the new shopping centre, which saw Deutsche Hypo take a subordinate tranche of €80m and two credit funds of BNP […]
Brockton Capital has refinanced its UK retail parks portfolio with a new loan of around £190m, Real Estate Capital can reveal. It is understood that Aareal Bank has provided a five year facility that is held against a portfolio of eight parks. The parks are thought to be valued at around £300m, meaning a loan-to-value […]
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