Tag Archives: M&G Investments

Citigroup funds £390m loan for Greystar’s Nido purchase today

This gallery contains 1 photo.

Citigroup will today fund a five-year £390m senior loan to finance Greystar Real Estate Partners’ £600m acquisition of Nido London, a three-strong high-end student accommodation portfolio. Pricing on new Citigroup term loan is around 185 basis points over three months … Continue reading

Gallery | Tagged , , , , , , | Leave a comment

Big Yellow secures £215m in fresh senior debt from Lloyds, HSBC and M&G Investments

This gallery contains 1 photo.

Big Yellow Group has refinanced its banking facilities with £215m in fresh senior debt in two tranches from Lloyds Bank, HSBC Bank and new lender to the UK self-storage REIT, M&G Investments. Lloyds and HSBC have extended a five-year £145m … Continue reading

Gallery | Tagged , , , | Leave a comment

Morgan Stanley funds two-tranche £350m Mall Fund refinancing

This gallery contains 1 photo.

Morgan Stanley has closed the refinancing of The Mall Fund with a £350m senior loan enabling the repayment of bondholders in the existing CMBS at par, Capital & Regional announced this morning. The Mall Fund, which is circa 50% and … Continue reading

Gallery | Tagged , , | Leave a comment

McKillen and Colony win Pebble and refis Jervis SC with €140m M&G loan

This gallery contains 1 photo.

Patrick McKillen has won the €800m Project Pebble IBRC loan portfolio, fending off competition from Sir David and Sir Frederick Barclay, safeguarding McKillen’s interest in the trio of prestigious central London hotels through a Colony Capital recapitalisation. In addition to … Continue reading

Gallery | Tagged , , , , , | Leave a comment

Renshaw Bay loses Lynn Gilbert and Christian Janssen to M&G and Henderson

This gallery contains 3 photos.

Renshaw Bay, the independent asset management firm established by former co-CEO of JP Morgan’s Investment Bank Bill Winters, has lost two senior members of its real estate finance team to competitor debt funds. Lynn Gilbert, the head of whole loan … Continue reading

Gallery | Tagged , , , , , , | Leave a comment

Tesco lines up JV sale-and-leaseback partner after pricing £493.4m CMBS

This gallery contains 1 photo.

Tesco has financed the sale-and-leaseback of seven UK Tesco supermarkets including three regional development sites valued at £455m, with a 21-year dated £493.4m securitisation guaranteed at corporate level by the world’s third largest supermarket chain. The credit-linked securitisation, at LTV … Continue reading

Gallery | Tagged , , , , , , , , | Leave a comment

M&G Investments provides €100m mez loan underneath Florentia CMBS

This gallery contains 1 photo.

M&G Investments has emerged as the provider of up to €100m in a five-year mezzanine loan, as part of a wider investment in the €754m Florentia CMBS secured by Vitus Immobilien’s near 30,000-strong German multi-family portfolio, CoStar News has learned. … Continue reading

Gallery | Tagged , , , , | Leave a comment

M&G finances iQ Shoreditch with £70m five-year senior loan

M&G Investments is financing Quintain Estates and The Wellcome Trust’s brand new Shoreditch student halls of residence with a £70m senior loan, in the real estate lender’s second deal with the iQ Property Fund and third against the student accommodation … Continue reading

Gallery | Tagged , , | Leave a comment

Natalie Howard to run £1bn AgFe senior debt fund

This gallery contains 1 photo.

AgFe, the real estate structured finance advisory firm set up by former Morgan Stanley securitisation banker Paul Rolles, has beguan capital raising for its inaugural £1bn UK senior debt fund.  AgFe, the real estate structured finance advisory firm set up … Continue reading

Gallery | Tagged , , , , , , , , , , , , | Leave a comment