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Eurozone exits recession with unexpected 0.3% growth (EU)

 GDP rose by 0.3% in both the euro area (EA17) and the EU27 during the second quarter of 2013, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical ...

Henderson: Paris' booming investment market defies economic gloom (FR)

France’s buoyant investment market contrasts with its struggling economy and the cool winds blowing through the office leasing markets. Growing apprehension regarding the economy has intensified inv ...

MirLand agrees new $95 million financing (RU)

MirLand, a Russian residential and commercial property developer, announced the successful conclusion of a new non-revolving $95 million (approx. €71.2 million) refinancing loan agreement with SberB ...

pbb Deutsche Pfandbriefbank to provide financing of €208 million for Deutsche Annington (DE)

pbb Deutsche Pfandbriefbriefbank has refinanced two real estate portfolios for Deutsche Annington. The entire loan volume of the transaction amounts to €208 million. The loan agreements were sign ...

Deka Realkredit Klassik acquires financing for Empire State Building in New York (DE/US)

Deka Realkredit Klassik, a debt fund, has invested in the senior tranche of a commercial property loan granted by DekaBank. The tranche volume amounts to US $20 million (approx. €15 million). The lo ...

pbb Deutsche Pfandbriefbank provides £80 million facility to support acquisition by KKR (UK)

pbb Deutsche Pfandbriefbank has underwritten an approx. £80 million (approx. €91.6 million) senior finance facility to support the acquisition of a portfolio of three UK retail warehousing assets ...

C&W: European real estate loan sales to hit €30 billion by end of 2013 (EU)

Cushman & Wakefield (C&W) has increased its year-end European real estate loan sale estimate from €25 billion to more than €30 billion, as activity spreads across the Continent. The Eur ...

Situs: £263 million Toys R Us CMBS opens doors to non-prime commercial property securitizations (EU)

Situs has been named as Servicer and Special Servicer for the £263 million (approx. €304.5 million) Debussy DTC PLC CMBS on the Toys R Us UK portfolio. This transaction represents the first seco ...

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