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Image of a Swiss landscape.
The alternative lender said borrowers are struggling to source construction loans as bank liquidity dries up.
MXL Centre, Banbury, Oxfordshire
The facility, designed to support the growth of the partnersโ€™ portfolio, was provided by HSBC UK.
Receivers sold the Camden Yard scheme three years after construction halted.
The bankโ€™s global head of digital infrastructure advisory says real estate finance will have an important but limited role in the sector.
Warsaw
Prague-based Crestyl sourced a โ‚ฌ165m loan from the US manager to refinance its Polish platform, Spravia.
Westfield Stratford City
A ยฃ750m securitisation backed by the London shopping centre is underway.
lending barometer
The dominant theme of the first quarter of 2026 was the dramatic increase in interest rate volatility, market participants told PERE Credit.ย 
Margins remained stable during Q1, but the firm has observed growing nervousness around agreeing loan terms.
Debora Sobel, PIMCO Prime
In her first interview since becoming head of European debt, Debora Sobel discusses managing existing loans amid volatility and lending in a competitive market.
Close up image of a speed bump.
Lending volume is gaining momentum, but several factors are dragging down a true recovery.

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