This gallery contains 1 photo.
Aareal Bank Group extended €1.6bn in European property loans over the first quarter of the year, taking its global tally to €2bn, with the bank re-issuing its full year lending ambitions of up to €7bn. Aareal, which posted a first … Continue reading
This gallery contains 1 photo.
Apollo-Rida, a joint venture between AREA Property Partners and Rida Development Corporation, and AXA Real Estate Investment Managers (REIM) have refinanced their joint venture 28-strong shopping centre, retail park and hypermarket portfolio in Poland with €650m in senior debt from … Continue reading
This gallery contains 1 photo.
Aareal Bank has raised its commercial real estate (CRE) lending appetite with a target to close up to €7bn in new business and renewals this year, as the bank’s confidence grows in core markets and sovereign debt crisis fears begin … Continue reading
This gallery contains 1 photo.
Aareal Bank has picked up new lending and refinancings over the third quarter closing €1.32bn which takes total for the nine months to the end of September to €2.98bn, with the German pfandbrief bank confirming it plans to close up … Continue reading
Evans Randall has brought to market 5 Canada Square in Canary Wharf, E14, for around £380m, two years after a Lloyds Banking Group restructuring effectively reset the original purchase price to circa £365m. The asking price represents a net yield … Continue reading
This gallery contains 1 photo.
Brookfield Office Properties closed the financing of 99 Bishopsgate with £150m five-year senior loan from a three-bank consortium led by Wells Fargo, which follows the US investment bank’s UK real estate lending strategy of financing major US clients in London. … Continue reading
This gallery contains 1 photo.
Orient-Express Hotels, the Luxury hotel group, has completed a three-and-a-half year €35m refinancing of its two Sicilian hotels with Barclays and Crédit Agricole CIB. The senior facility – secured by Taormina’s recently refurbished Grand Hotel Timeo and Villa Sant’Andrea – … Continue reading
This gallery contains 1 photo.
CeGeREAL, the French REIT that specialises in prime Paris offices, has refinanced the maturing securitised debt with €400m split unevenly between Aareal Bank, Bayern LB, Deutsche Pfandbriefbank (PBB) and Landesbank Berlin. BNP Paribas Real Estate revealued the three offices at … Continue reading
