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AshbyCapital secures £80m financing for Colmore Plaza in Birmingham (UK)
colmore plaza

AshbyCapital has secured an £80m (€113.7m) loan facility from AgFe for its Colmore Plaza building in Birmingham’s city centre.   The financing, at a loan-to-value ratio of 60%, ...

Rocket Investments secures £240m development facility for The Atlas Building at Old Street (UK)
the atlast building

Rocket Investments has secured a £240m (€339m) loan facility to finance the development of The Atlas Building, its mixed-use development on City Road, London EC1.   Senior debt was ...

Sonae Sierra recorded a total net profit of €94.8m in the first nine months of 2015
parklake render

The third quarter of 2015 saw a like-for-like increase in tenant sales in the European portfolio, recording a 2.6% growth, with emphasis on the 6% growth in Italy, 3.9% in Spain and 2.8% in ...

€63 million financing secured by Cerberus for German retail portfolio project (DE)
|© ANDREAS ZOBE

pbb Deutsche Pfandbriefbank will provide financing – secured by land charges – in a total amount of €63 mln to affiliates of Cerberus Capital Management L.P.   The funds will be ...

NAMA sells €6.25 bln Project Arrow loan portfolio (IE)
building

NAMA (the Irish National Asset Management Agency) has announced Promontoria Holding 176 B.V., an affiliate of Cerberus Global Investors (“Cerberus”) as the ...

pbb provides financing for Primonial office fund in Nanterre (FR)
la defense

pbb Deutsche Pfandbriefbank has provided €58 mln worth of financing to a fund, for which Primonial REIM is the Asset Manager, towards the acquisition of an office building in France. pbb acted ...

ParkLake joint venture shopping centre completes debt-finance agreement (RO)
parklake

ParkLake, a 50:50 Sonae Sierra and Caelum Development joint venture project, has announced the signing of a debt-finance agreement for the shopping centre. The joint venture concluded an agreement ...

Europeans purchasing power on the rise
shopping centre image

Purchasing power in Europe climbed by around 4% this year. According to a GfK study, a total of approx. €9.13 tln is available to European consumers in 2015 for spending and saving. This ...

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