Term Sheet: The year’s first CMBS is upsized, Just Group makes its mark, Pluto writes first loan through Blackstone tie-in

The first European CMBS deal of 2026 has priced, having been significantly increased in size, reflecting strong investor demand; UK life insurer Just Group writes a large loan as it increases its lending market presence; Pluto picks Ireland for the first loan through its tie-in with Blackstone; and more in today's briefing, exclusively for our valued subscribers.