Logicor sees £1bn refi
Blackstone-owned sheds giant Logicor is seeking £1bn to refinance its UK and French portfolios. It wants a five-year loan term to cover its €400m (£287m) French portfolio and £680m of UK assets. The group has invested more than €2bn in its portfolio over the past year, more than doubling its size to 72m sq ft.
MetLife in debut Irish loan
MetLife has closed its first real estate loan in Ireland, a €131m (£94m) facility secured by four Kennedy Wilson-owned properties. The Dublin properties contain 751 homes across The Alliance, Sandford Lodge and Clancy Quay residential properties, plus an office building. The loans were split between a five-year floating note and a 10-year fixed-rate facility.
