Financing

P3 Group S.àr.l. has closed on its second successful senior unsecured Green Bond issuance, totaling €600 million. The transaction underscores P3's access to capital at competitive terms, and with this, P3 has now signed over €5 billion new debt since its new funding strategy was implemented two years ago. The 6-year bond, iss...

Carlyle's Global Credit platform has provided Round Hill Capital with a £115 million development loan to fund the construction of Fairfax, a 488-unit luxury build-to-rent scheme in Manchester, UK. It represents the first transaction between the two parties.

Edmond de Rothschild’s REIM Real Estate Debt team recently closed its first loan investment in Barcelona through its co-mingled pan-European High Yield I real estate debt fund. Furthermore, the team is in marketing process for its new real estate debt fund with a target size of more than €500m.

Investec Real Estate has provided City & Docklands with a £50 million investment loan, secured against 149 newly completed luxury apartments at One West Point, a landmark residential scheme in West London. The facility, which refinances an existing loan, is the sixth transaction between the two parties.

Breakthrough Properties says it is set to begin construction on Vitrum by Breakthrough, a world-class life science building located inside the 21-acre St. John's Innovation Park in Cambridge, England.

Freebridge Community Housing will increase the supply of affordable homes to the region after securing £40m funding from Lloyds Bank. The revolving credit facility will support the housing association to build 625 new affordable homes by 2026/27 and reduce fuel poverty in the communities it operates in by improving the EPC ra...

pbb Deutsche Pfandbriefbank is providing two logistics real estate players with financing totaling EUR 95 million. Garbe has been granted a €62 million credit line for a development at Leipzig Airport, while Amesbury has obtained €33 million for the refinancing of two parks in the Czech Republic.

Karis Capital has facilitated a £21.65 million fund for the residential Care Group. The bridging loan allows the firm to launch 207 state-of-the-art units across three brand new care home sites, located across the UK.

Cibus Nordic Real Estate AB has issued senior unsecured green notes in the total amount of €50 million under the Issuer's MTN programme. The New Senior Unsecured Green Notes have a tenor of 3 years and a floating interest rate of EURIBOR three months plus 400 bps and will mature on 1 February 2027. Cibus intends to apply for ...

Cain International has arranged a €74 million construction loan to Vita Group and Metrovacesca SA for the development of Vita Group's flagship 585-bed Vita Student purpose-built student accommodation ('PBSA') scheme in Madrid.

Avestus Real Estate has signed a loan agreement to refinance the Imagine office complex in Łódź. The loan for a total of € 23.9 million was provided by mBank S.A.

A fund advised by DRC Savills Investment Management LLP has provided a whole loan to finance the acquisition of a portfolio of four industrial and office assets at Dales Manor Industrial Park purchased by EPISO 6, a fund managed by Tristan Capital Partners.

Panattoni presents its investment financing for 2023. In Poland, the company obtained 29 bank loans for development projects in Poland worth a combined sum of more than € 800 mln.

Vastned Belgium refinanced the credit lines worth € 125.0 million.

Home Invest Belgium completed a financing operation totalling €160 million. The financing was concluded with four banking institutions: Belfius Bank, BNP Paribas Fortis, KBC Bank, and Argenta Spaarbank. The financings have maturities between 5 and 8 years.

On 11 January 2024, Vonovia SE („Vonovia“) issued its first bond in pounds sterling. The term of the unsecured bond is 12 years. This gives the company access to new investors. The bond, with a volume of GBP 400 million (around EUR 465 million) and a coupon of 4.5 % EUR after cross currency swap, was oversubscribed 8.3 times....

DRC Savills Investment Management has entered into a joint venture with QCP, the owner of Quadrant Real Estate Advisors (QREA), to establish a US real estate debt investment business. This is the first time DRC SIM has offered a US debt investment proposition.

Select Property has secured a £44.5 million development finance facility from Close Brothers to bring forward its first Affinity Living build-to-rent development in Birmingham.