The €500 billion of new non-core loans issued during 2012 offset the €600 billion of loans sold or run off over the same period, confirming the European deleveraging process is far from over.
2 min read · 22 March 2013
Carlton Group has arranged a £35 million ($53 million: €41 million) loan to help refinance a UK property owned residential developer Dorchester Group.
2 min read · 22 March 2013
The president and CEO of the Canadian pension giant argued for the need for long-term thinking when investing in real estate, as well as other alternative assets, in an address to the Canadian Australian Chamber of Commerce.
3 min read · 21 March 2013
M&G Investment has provided project financing to St. Modwen Properties to back a new £450m student accommodation development on behalf of Swansea University.
1 min read · 21 March 2013
In continuing its plan to reduce its exposure to non-core assets, the London-based banking giant is considering the sale of another €650 million of Irish real estate loans.
2 min read · 20 March 2013
Legg Mason’s global fixed income subsidiary Western Asset Management is set to launch a UK-domiciled infrastructure debt fund that will invest in publicly-traded securities worldwide.
2 min read · 19 March 2013
As the second round of funding by the UK government’s Business Finance Partnership approaches, some managers have criticised the decision to fund established, rather than fledgling managers, in the first round.
2 min read · 18 March 2013
Martin De Ville will join bond broker Cantor Fitzgerald as part of its private debt structuring team to execute leveraged private lending in Europe.
1 min read · 18 March 2013
An increasing number of real estate asset managers are looking to take advantage of loan restructuring opportunities in real estate assets in a bid to eventually win control of assets.
2 min read · 15 March 2013
Alcentra, led by David Forbes-Nixon, is building its presence in the US and the UK with two senior hires: ex-Highland Capital managing partner Jack Yang, and former European head at Cantor Fitzgerald Mike Johnson.
2 min read · 15 March 2013