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During the festive period, why not take a moment to have your say on 2017’s top performers in European real estate finance?
It’s the news you’ve all been waiting for… The Real Estate Capital annual awards poll is now open, giving you the chance to have your say on which organisations and deals defined the market in 2017.
Henderson Park’s Nick Weber is targeting value-add opportunities in a late-cycle market. Europe’s wall of debt maturities is helping to create them.
Henderson Park, the London-based real estate investment manager, has hired Gijs Molenaar as head of asset management, according to Real Estate Capital's sister title, PERE.
Capital & Counties Properties (Capco) has appointed Situl Jobanputra (pictured), formerly finance director for its massive Earl's Court project, as its new chief financial officer to replace outgoing CFO Soumen Das who is joining SEGRO.
The Crown Estate has appointed Kate Bowyer (pictured) as its new chief financial officer. Bowyer will join the property company this autumn from shopping centre developer/investor Intu Properties.
SEGRO, the UK real estate investment trust (REIT), has announced that Justin Read, the firm’s group finance director since August 2011, will step down later this year.
Columbia Property Trust has sold its 653,000 sq ft office property in Baltimore, Maryland and will use the proceeds to repay a $119 million short-term bridge loan and borrowings on its unsecured credit facility.
Thailand’s Golden Ventures REIT aims to raise 10 billion baht ($283 million; €258 million) to invest in the leasehold rights of two Grade A office buildings in Bangkok’s prime area. The REIT was set up by Univentures and Golden Land, two of Thailand’s major property developers.
TPG has acquired the majority of a $2.5bn portfolio of high-yield real estate loans from Deutsche Bank’s Special Situations Group, taking along with it a team of 11 origination and risk management professionals.
The private equity firm, through a newly-formed REIT called TPG Real Estate Finance Trust (TRT), acquired a 75% stake in the existing portfolio, and it has raised $750m in capital from institutional investors for new loan originations. Deutsche Bank retains a 25% interest.