Real estate debt

Value of securitised Paris office could be down 80%, says report

The CMBS special servicer will leave the valuation in draft form until the future of the asset’s key tenant is clearer.

Bank of England adds to concerns regarding commercial real estate risk

The Bank of England has warned global falling property values could lead to losses for creditors, echoing concerns shared by the European Central Bank.

Alternative lenders striking bank partnerships to restructure, acquire maturing loans

As banks seek to address commercial real estate exposure, alternative lenders are stepping in to acquire or help restructure loans.

ECB sees non-bank real estate lenders as major risk to financial stability

The vice-president of the European Central Bank said alternative debt providers are of greater concern than traditional lenders.

M&G raises £350m for senior and junior credit vehicles

The manager says the additional capital provides it with £1.3bn in available capital.