Home UK

UK

Michael Zerda, head of Blackstone Real Estate Debt Strategies in Europe, will take on Amy Klein Aznar’s role at LaSalle as she becomes executive chair of the debt and special situations business.
London
The property manager will target senior loans across a range of UK commercial real estate sectors for terms of up to 50 years.
UK
According to the advisor’s fifth UK debt survey, lenders are gearing up for a recovery but remain cautious about market conditions.
The private investor’s chief financial officer says financing options for its new flexible office development in Birmingham were limited.
Following the German bank’s financing of a London hotel for L+R, its managing director of special property finance says it currently favours hotels capable of attracting a broad mix of guests.
Martin McGann, finance director of the UK logistics REIT, says the company’s latest financing diversifies its funding sources and provides long-dated capital.
closed due to covid-19
Among the key trends highlighted in the past 10 days, lenders to UK real estate are left to ponder their borrowers’ plight following an extension to the ban on tenant evictions.
Sector specialists expect more retail dominated non-performing loan sales, but say banks are still getting to grips with pandemic-related distress across their wider portfolios.
Nine months after their departure from the UK listed property lender, Randeesh and Daljit Sandhu have launched private equity-backed Précis Capital Partners.
110 Bishopsgate
Uncertainty around the office sector’s future did not deter the banks from financing 110 Bishopsgate again.
rec
rec

Copyright PEI Media

Not for publication, email or dissemination