A $510m, five-year facility has been secured from Wells Fargo and Deutsche Bank
Agent also prepays $50m of outstanding debt
2024 is set to be a difficult year as loans mature
Research shows the UK is Europe’s most developed non-listed real estate debt market
There are more than 400 active property lenders in the market today, up from 240 in 2018
The equity giant has pushed plans to tap markets to 2022
Chinese developer is being forced into fire sales after failing to restructure debt
Indebted developer will pay £26m interest due, but said nothing about further $83.5m
Spreadsheets should be allowed to die, say debt professionals – despite still relying on them
Sourcing difficulties and costs deemed biggest current challenges
The UK was one of just three countries to see a decline in the total cost of borrowing in Q3