This gallery contains 1 photo.
Irish Life, Hibernia REIT and Lone Star have carved up NAMA’s four-strong Redwood portfolio, for a combined price of around €213m which reflects a one-third increase on the initial asking price. The most prime asset within the portfolio, no. 2 … Continue reading
This gallery contains 1 photo.
Westbrook Partners has acquired a whole loan secured by three regional UK shopping centres for a combined price of around £31m from an entity wholly-owned by Ellandi, the UK property investment manager. CoStar News has learned that Westbrook Partners has bought … Continue reading
This gallery contains 1 photo.
Barclays, Lloyds Bank and HSBC jointly provided a circa £440m five-year senior loan to finance the China Life-led consortium’s acquisition of 10 Upper Bank Street in Canary Wharf last Friday. Canary Wharf Group (CWG), which developed the 32-storey tower in … Continue reading
Deutsche Bank has issued initial pricing guidance for its first multi-loan European CMBS since the global financial crisis, the €355.0m DECO 2014 – GONDOLA transaction, which is the securitisation of three separate loans to Blackstone to finance logistics, retail and … Continue reading
This gallery contains 1 photo.
Colony Capital, the US private equity fund, has teamed up with UK developer Development Securities for the re-entry of veteran Irish developers, Paddy McKillen and Johnny Ronan, in the Dublin office development market. The joint venture consortium has purchased a … Continue reading
This gallery contains 1 photo.
BAML has issued initial pricing guidance for £211.5m Taurus CMBS UK 2014-1 transaction, the securitisation of Apollo’s senior loan which financed its purchase of Aviva Commercial Finance’s Project Moon UK secondary property portfolio. Initial pricing guidance for the three class … Continue reading
This gallery contains 1 photo.
NAMA has completed the sale of the Northern Ireland real estate loan book to Cerberus, dubbed Project Eagle, on Friday afternoon, crystallising around a £160m loss for Ireland’s bad bank. Cerberus beat PIMCO back in April to win Project Eagle, … Continue reading
This gallery contains 1 photo.
A dozen first round bids were submitted last night for NAMA’s Acorn portfolio, comprised of three provincial Irish shopping centres, while final bids are due tonight for the bad bank’s Redwood portfolio, amid a frenzy of activity in Ireland over … Continue reading
Westbrook Partners is set to put a City office trophy up for sale for £185m which would fully repay the outstanding whole loan ahead of debt maturity next January, writes James Buckley. Westbrook will shortly instruct GM Real Estate to … Continue reading
CoStar Finance 