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Legal & General and Royal Bank of Scotland have refinanced the Unite Capital Cities joint venture (UCC) portfolio of 14 student accommodation properties with £226m in separate tranches and durations. UCC, the 70-30 joint venture between Singapore’s GIC Real Estate … Continue reading
This is Europe’s biggest year yet for CMBS loan maturities with the endgame in sight for many of the largest securitisations issued on this side of the Atlantic. CoStar News reviews the 10 biggest and explores the likely outcomes. By … Continue reading
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GIC Real Estate and PERE Capital Partners, the manager of legacy LBREP equity stakes, are seeking term sheets from banks to arrange the circa £500m refinancing of a 61-strong Holiday Inn hotel portfolio. CoStar News understands that the investor consortium … Continue reading
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