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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.
Following the lender’s financing of Blackstone’s purchase of the owner of Britain’s Butlin’s holiday parks, its European real estate lending head explains his faith in UK leisure.
Lenders argue the often-overlooked G of ESG should be fundamental to all aspects of sustainability.
Loan facility will fund the development of 120 apartments and houses in the new eco-village.
Property lenders are considering how to incorporate the S of ESG into loan deals.
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