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Sonae Sierra records net profit of €47.8 million and continues international growth in the first half of 2014

Sonae Sierra, the international shopping center specialist, achieved a net profit of €47.8 million in the first half of the year. In addition to this positive result, the first six months of 2014 we ...

Canada Life Investments in £24 million loan deal with Mayfair Capital’s PITCH Fund (UK)

Canada Life Investments and Mayfair Capital Investment Management announced the completion of a second loan of £24 mln (approx. €30 million) for a seven-year facility to the Property Income Trust f ...

pbb Deutsche Pfandbriefbank provides €72 million financing for Cerberus (DE)

pbb Deutsche Pfandbriefbank has provided a €72 million loan to affiliated companies of Cerberus Capital Management L.P. These affiliates will use the funds to purchase a maturing mortgage loan that ...

Standard Life Investments promotes its £420 mln Global Real Estate Fund (EU)

Global investment manager, Standard Life Investments has relaunched its £420 mln (approx. €530 mln) Select Property Fund as the Standard Life Investments Global Real Estate Fund. A unique investmen ...

Pricoa Mortgage Capital provides €36 million in financing for Hines’ purchase of German logistics property (DE)

Pricoa Mortgage Capital provided a €36 million commercial mortgage to support Hines Global REIT’s acquisition of a logistics property in Bavaria, Germany. Pricoa Mortgage Capital is the commercial ...

HFD Group expands into North East Scotland with Barclays £56 mln financing (UK)

Barclays has provided Glasgow-based HFD Group with a £56 mln (approx. €70 million) development finance package as it expands from its central Scotland heartland to develop one of the largest office ...

PKO Bank Polski chooses Skanska's office buildings (PL)

The largest bank in Poland will locate its Wroclaw and Łódź offices in modern, green office buildings developed by Skanska. PKO Bank Polski is another well-known financial institution that has chos ...

NAB to sell portfolio of UK commercial real estate loans for £625 million (UK)

National Australia Bank has agreed to the sale of a £625 million (approx. €789 million) parcel of largely non-performing loans from its UK Commercial Real Estate portfolio to an affiliate of Cerber ...

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