David Hatcher
ING Commercial Banking has appointed a new head of real estate finance for Asia Pacific.
Robert Scholten has moved to the position having been at the bank for 25-years.
TIAA Henderson Real Estate has completed the refinancing of its €1.5bn European Outlet Mall Fund.
Helaba has refinanced an office park in Toulouse with a €34m loan.
The deal demonstrates Helaba’s willingness to lend outside of the Paris, which dominates the French real estate market and where competition is at its greatest.
The sell-off of Lloyds Banking Group’s UK real estate loan book is close to completion.
Green Property is working on a complex, €650m refinancing of the 1.5m sq ft Blanchardstown town centre near Dublin.
Royal Bank of Scotland revealed in its annual results this morning that £12.6bn of gross property loans remained within its “bad bank” division. But the bank also said that it is running one year ahead of schedule in its target, set in January 2014, to run down 85% of the Capital Resolution Group (RCR) book by […]
Kennedy Wilson Europe Real Estate has secured a new €264m facility from the Bank of Ireland to finance a portfolio of assets in Ireland, the company revealed as part of its first full annual results this morning.
Citi has financed the purchase of a £1bn non-performing loan portfolio for Cerberus Capital Management, Real Estate Capital can reveal.
British Land has put in place a new £485m revolving credit facility at a margin of only 90bps.
BL logo croppedThe unsecured facility is the lowest arranged in the UK by a listed real estate firm this cycle and is a reduction of 25bps on the facilities it is replacing. The margin beats the previous lowest of 105bps, arranged by Great Portland Estates in October last year
Prestbury Investments has appointed advisers to refinance the portfolio of Secure Income REIT ahead of a sale of the the REIT’s famous Madame Tussauds waxwork tourist attraction, Real Estate Capital can reveal.