Bridget O’Connell
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Second prelet for GPE scheme
Great Portland Estate has secured a second prelet at its 20-storey tower at 240 Blackfriars Road, SE1, taking it to 58% let.
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Positive numbers for DevSec
Development Securities has delivered a confident set of interim results, forecasting improved investment and trading gains for the full year.
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Anchorage linked to Nama loan book sale
US private equity firm Anchorage Capital has been linked to Nama’s upcoming €400m loan book sale, Project Holly.
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AXA appoints Dallolio
AXA Real Estate has appointed a new head of its expanding Alternatives business alongside a number of other key moves.
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AXA and Norge to build debt platform
AXA Real Estate has joined a rarefied group of lenders with the ability to offer loans of up to €600m (£500m) through its tie-up with Norges Bank Investment…
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Blackstone seeks covenant flexibility
Blackstone Group has a renewed focus on flexible financing covenants after coming under pressure in the last cycle. Speaking at the European Real Estate…
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Fox CMBS chases its tail
Debt restructuring advisers are circling the £300m Fox portfolio ahead of a CMBS maturity deadline on 21 October.
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Finance briefs 19 October 2013
Santander’s managing director of structured finance, Scott Stuart, died on 16 October, aged 42. Stuart joined the Spanish bank’s…
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Beevers joins Julian Hodge Bank
Julian Hodge Bank has appointed Kevin Beevers, HSBC’s former deputy head of corporate banking in Wales and the South West, as commercial lending director.
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Santander’s Scott Stuart dies aged 42
Santander’s managing director of structured finance, Scott Stuart, has died aged 42.
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TPG and Ivanhoé buy P3
A TPG-led partnership with Ivanhoe Cambridge has bought industrial specialist PointPark Properties from Bahraini investment bank Arcapita.
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‘Mispricing’ creates UK and European opportunities
Mispricing in selected secondary markets in the UK and Europe offers the best buying opportunity in 20 years, according to Apollo Real Estate’s Roger Orf