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Blackstone and TSSP agree to acquire Acenden Mortgage Servicing Solutions (UK)

Funds managed by Blackstone Tactical Opportunities and TPG Special Situations Partners have agreed to acquire Acenden Mortgage Servicing Solutions from the administrators of Lehman Brothers. ...

Cushman & Wakefield: EMEA property investment outlook 2015 (EU)

Investment volumes in EMEA are forecast to increase 20% next year to €247 bln from an estimated €206 bln this year. Demand is already strong but with fund allocations still increasing, occupationa ...

Helical Bar secures €103 mln refinancing of office and retail assets with Aviva Commercial Finance (UK)

Helical Bar announces that it has secured a new £81 million (€103 mln) ten year debt facility from Aviva Commercial Finance, refinancing £27 million (€34 mln) of existing debt and boosting cash ...

Total investment volumes in the Netherlands to reach over €8 billion for 2014 (NL)

According to international real estate advisor Savills, total 2014 investment volumes in the Netherlands will reach over €8 billion, substantially higher than 2013 which totalled €4.7 billion. ...

NAB sells €1.5 bln portfolio of UK commercial real estate loans (UK)

National Australia Bank is to sell an additional €1.5 bln parcel of higher risk loans from its UK Commercial Real Estate portfolio to an affiliate of Cerberus Global Investors (Cerberus). As a resul ...

CBRE Global Investors refinances Nordic Property Fund (SE)

CBRE Global Investors has signed a multi-currency facility of SEK 1.9 bln (approx. €204.9 mln) and €176 mln with Nordea Bank AB (publ) and pbb Deutsche Pfandbriefbank (pbb) to refinance all bankin ...

pbb provides new €78.2 million facility to Rockspring managed portfolio of regional office and retail assets (UK)

pbb Deutsche Pfandbriefbank has provided a £62 million (€78.2 million) loan facility to four SPVs sponsored by Rockspring Property Investment Managers, on behalf of its UK Value 2 fund. Thi ...

Cushman & Wakefield mandated to value British Airways €1.2 bln pension fund portfolio (UK)

Global real estate adviser Cushman & Wakefield has been awarded a three-year mandate to value the £1 billion (€1.2 bln) British Airways Pension Fund on a quarterly basis. The fund compri ...

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