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European banks eye further real estate loan sale programs (EUR)

CBRE expects to see banks across Europe continue to pursue sales of commercial real estate loans in 2012 as lenders seek to further streamline the process for reducing their exposure to property.In 20 ...

Kwik Fit landlord to benefit from £39 mln. funding boost from RBS (UK)

GE Prem KF has agreed a £39 million (€46.5 mln.) funding facility from the RBS Real Estate Finance team in Scotland. GE Prem KF is a joint venture real estate investment vehicle owned jointly by GE ...

Westfield Group announces two major strategic transactions (US/UK)

The Westfield Group (ASX:WDC) announced two major strategic transactions including a US $4.8 billion (€3.7 bln) joint venture over 12 assets in the United States with Canada Pension Plan Investment B ...

AFI completes €13.4 mln. financing with UniCredit Bank Austria for AFI Business Park Cotroceni (RO)

AFI Europe, a member of AFI Group, announced that it has signed a financing agreement with UniCredit Bank Austria for the development of the first out of five class-A office buildings in AFI Business ...

Helical signs five year £100 mln. Revolving Credit Facility with Royal Bank of Scotland (UK)

Helical Bar plc has signed a new £100 million (€120 mln.) Revolving Credit Facility with The Royal Bank of Scotland ("RBS"). This five year facility refinances £82.7 million of existing debt, incl ...

Aeriance Investments launches £100 million bridging loan real estate investment fund (UK)

Aeriance Investments S.A. ('Aeriance') the independent investment firm announces the launch of OREL (the 'Fund'), a new £100 million (€119 mln.) closed ended specialist debt fund which will provide ...

pbb Deutsche Pfandbriefbank and Landesbank Baden-Württemberg refinance MesseTurm in Frankfurt (DE)

As Joint Arrangers, pbb Deutsche Pfandbriefbank and Landesbank Baden-Württemberg (LBBW) have arranged funding of € 155 million for GLL MesseTurm KG – a Fund which is managed by GLL Real Estate Part ...

pbb Deutsche Pfandbriefbank renews facility of approx. €105 mln. for degewo Marzahner Wohnungsgesellschaft mbH (DE)

pbb Deutsche Pfandbriefbank has concluded the early renewal of a €105 million facility for degewo Marzahner Wohnungsgesellschaft mbH, a Berlin-based housing enterprise.The bank subsequently placed ha ...

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