News from the ULI European Conference held in Paris this week
Cushman & Wakefield’s third annual lending survey showed that loan-to-value ratios across Europe are typically 55-65% with the most generous terms available in Frankfurt, Paris and London.
St Modwen chief executive Bill Oliver is to step down at the end of November after 13 years at the helm
Market Tech, owners of the Camden Lock Market, has received planning consent for a change of use and extension of the site by the Regent’s Canal.
Grainger has exchanged on sale of its German residential portfolio business to Heitman for €124m (£94m).
110 Bishopsgate, EC2, has secured a new circa £400m finance package from Dutch lender ING just months after a deal to sell the building fell apart.
A greater diversity of investments is the key to riding out any possible downturn, say institutional investors
Blackstone’s head of real estate in Europe, Anthony Myers, has signalled a shift towards selling assets
The migrant crisis is the greatest threat to European real estate markets, according to Allianz chief economist Michael Heise.
pbb fuels Catalyst in Paris and Tritax plans share issue, while Crest Nicholson ups revenue
Grainger has bought a 134-home regional PRS portfolio from Aberdeen Asset Management for £11.4m.
New chief executive Helen Gordon sets out a revised strategy