FINANCE The combination of improved loan pricing and the higher cost of capital attached to holding NPLs is creating an environment in which greater deal flow can be expected in…
FINANCE: Great Portland Estates boss Toby Courtauld’s total pay packet dipped by 32% to £3.3m in 2014
The Bank of England is canvassing views on the creation of a UK loans database
FINANCE: Investment manager ICG-Longbow has launched a £400m senior debt club.
FINANCE: Wells Fargo has provided £220m for the refinancing of Threadneedle’s Strategic Property Fund IV.
FINANCE: Cerberus Capital Management has beaten two rivals to buy the £536m Project Avon UK commercial loan book from Lloyds Banking Group.
FINANCE: Retirement specialist LV= has selected AgFe to manage its maiden venture into direct real estate debt with a £1bn mandate…
FINANCE: Aviva has appointed Lloyds Banking Group’s head of origination, Barry Fowler, as its new head of commercial finance.
FINANCE: A flood of new entrants intending to lend to the UK property market has created a significant market imbalance, says Savills
FINANCE: Brandeaux-owned Liberty Living is to launch an IPO with £1.1bn assets from Brandeaux’s redemption-hit student accommodation vehicle
UGL said talks over the sale of DTZ continue but no terms have been agreed, following reports that TPG could complete a deal for the agent imminently
FINANCE: National Australia Bank has added a £700m UK portfolio to the European loan sales market ahead of an expected summer lull