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ULI research highlights the impact of leverage on property fund performance (EU)

New research published by the Urban Land Institute (ULI) highlights the significant negative impact which leverage has had on the performance of European property funds between 2001 and 2011. The find ...

HSH Nordbank welcomes suggestion by the federal states for the Supervisory Board Chair (DE)

HSH Nordbank welcomes the proposal made by the majority share-holders, Hamburg and Schleswig-Holstein, to appoint the former Hamburg Senator for Economic Affairs, State Secretary in the German Finance ...

Alvarez & Marsal advises Maybourne Hotel Group on debt refinancing (UK)

Alvarez & Marsal (A&M), the global independent professional services firm, has advised London based Maybourne Hotel Group on its successfully completed planned refinancing. This has enabled th ...

DekaBank finances the acquisition of two modern warehouse/logistic properties (DE)

DekaBank Deutsche Girozentrale has financed the acquisition of two German logistics properties for a fund owned by a Joint-Venture between Goodman Group and Chambers Street Properties, which is a self ...

pbb Deutsche Pfandbriefbank provides €65 mln refinancing facility for Norwegian investment fund (DE/NO)

Pbb Deutsche Pfandbriefbank has provided a €65 million facility to Prime Office Germany A/S, a Norwegian investment fund managed by CR Investment Management GmbH, for the refinancing of a portfolio o ...

£9.5 mln of funding granted for Manchester's former Royal Eye Hospital (UK)

The North West Evergreen Fund, jointly with Lloyds Banking Group, has invested £9.5 million (approx. €11.6 mln) into Citylabs through the provision of a loan. Citylabs is the flagship redevelopment ...

pbb provides financing of €50 million to the Department of Bouches-du-Rhône (DE/FR)

pbb Deutsche Pfandbriefbank has provided a €50 million financing to the Department of Bouches-du-Rhône in France. The loan will be used by the local authority to finance the construction and the ren ...

HSH Nordbank finances Schlossstrasse shopping center in Berlin (DE)

HSH Nordbank is providing a €72 million financing for the shopping center Schloss-Strassen-Center in Berlin's Steglitz district. The property is held by an in-vestment vehicle of Irish investors CMC ...

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