Term Sheet: BNPP AM Alts amasses €3bn for real estate debt, EBRD invests in distressed loan programme, Aareal provides €406m for hotel portfolio

BNP Paribas Asset Management Alts amasses circa €3bn for a European real estate debt strategy; APS Group and the EBRD partner on a €250m programme to acquire distressed loans; Aareal Bank provides a €406m financing for a European hotel portfolio; and more in today’s briefing, exclusively for our valued subscribers.