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St Modwen to launch £100 mln Convertible Bonds offering (UK)

The Offering forms part of St. Modwen’s wider financial strategy to diversify debt funding sources for the Group, lower debt costs and extend maturities, taking advantage of current favourable marke ...

Prime Office AG secures €370 million loan for the refinancing of German office portfolio (DE)

pbb Deutsche Pfandbriefbank and Helaba have provided a €370 million loan to Prime Office AG for the refinancing of the German office portfolio “Homer”. The funds were provided on a 50/50 basis b ...

Unibail-Rodamco successfully places €750 mln ‘Green Bond’ (EU)

Unibail-Rodamco SE announces that it has successfully placed the first "Green Bond" (1) issuance for a real-estate company in the Euro market. The bond will offer a coupon of 2.5% for a 10-year mat ...

EIB provides £350 million debt facility for housing development (UK)

International law firm Pinsent Masons has advised European Investment Bank (EIB) on a £350 million debt facility for housing association Sanctuary Group. The agreement will help finance Sanctuary’s ...

Savills predicts retail spend by Chinese visitors in London could double to £500m pa by 2020 (UK)

According to research from international real estate advisor Savills, the simplification of the visa process for Chinese visitors to the UK could see spend by this consumer group more than double by 2 ...

Hibernia acquires portfolio of loans on residential assets for €67 million (UK)

Hibernia REIT has signed contracts to acquire a portfolio of loans secured predominantly on residential real estate assets from Ulster Bank for €67 million net of acquisition costs. These Ulster Ban ...

Immofinanz acquires 18,000 apartments in Germany (DE)

BUWOG, a wholly owned subsidiary of IMMOFINANZ Group, is going to acquire a residential property portfolio with approx. 18,000 units and 1.09 million m² of lettable space in Northern Germany. The agr ...

Cornerstone Real Estate Advisers completes £124 million 10-year senior loan for Unite Group (UK)

Cornerstone Real Estate Advisers Europe has completed a £124 million (approx. €149 million) senior loan for UNITE Group, the UK’s largest developer and manager of student accommodation, on behalf ...

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