Legal & General invests £252 million with Places for People for the construction of 7,000 new homes (UK)

Legal & General (L&G) has announced it has secured a portfolio of over 4,000 housing units, let to Places for People Homes on a new 50-year lease, as it continues to grow its role in supportin ...

Completion of new £665 million Covent Garden unsecured debt facility (UK)

Capital & Counties Properties PLC Capco has completed a new £665 million (approx. €793 million) unsecured debt facility for Covent Garden. Capco's strategy for Covent Garden, redefining gl ...

Asian Insurers invest £40 million into Schroder UK Property Fund (UK)

Schroder UK Property Fund (SPF) is today announcing the first investment into the fund by Asian institutions since it converted to a PAIF in July 2012. Two large Asian insurance companies have chosen ...

M&G Investments raises £1.35 billion for junior commercial mortgage funds (EU/US)

M&G Investments has completed the fundraising for its two new junior commercial mortgage funds, reaching £1.35 billion of capital commitments from over 40 institutional investors from Europe and ...

Natixis structures and arranges the refinancing of CBRE Global Investors’ retail fund (FR)

Natixis acted as structurer and arranger, alongside Allianz Real Estate, AXA REIM SGP and ING Bank France-Real Estate Finance, in the €406.5 mln refinancing of the real-estate portfolio of CBRE Glob ...

Deka Realkredit Klassik acquires financing for office and commercial building in Paris (FR)

Deka Realkredit Klassik, a debt fund, has acquired a senior tranche of a commercial property loan from DekaBank. The tranche forms part of a financing, which DekaBank and Helaba have arranged for the ...

Aareal Bank finances €152 million acquisition of Belair in Brussels (BE)

Aareal Bank has financed the acquisition of the 'Belair' office and administration complex in Brussels by a joint venture consisting of the Hannover Leasing Gruppe and an Asian institutional investor. ...

HSH Nordbank finances Hamburg real estate portfolio for Castlelake (DE)

HSH Nordbank is making €200 million available to the US Castlelake Group to finance the purchase of a commercial real estate portfolio in Germany. The Hamburg-based Becken Group is participating in ...