facebook
Twitter
Linkedin
Feedback

Property Week Finance - Banks and Lending

News and features about lending to the property sector.
RSS feed for Latest BANKS AND LENDING news

Latest BANKS AND LENDING news

Wafic Saïd

Saïd Holdings secures $100m credit with Northern Trust

15 August 2017

Saïd Holdings, the principal investment vehicle for businessman and philanthropist Wafic Saïd’s family interests, has arranged a $100m (£77.21m) standby credit facility with Northern Trust.

NewRiver Retail

NewRiver secures new £430m debt facilities

14 August 2017

NewRiver has secured new unsecured debt facilities £430m to replace the majority of its secured debt facilities.

Euros

Blackstone buys majority stake in €30bn Spanish property portfolio

9 August 2017

Blackstone has bought a majority stake in troubled Spanish property portfolio of Banco Popular, the failed bank rescued by Santander.

Inspired Chertsey houses

Amicus Property Finance lends £72m in July

8 August 2017

Amicus Property Finance has announced a record £72m of lending in July, stating a confident and buoyant short-term property lending market, as well as expanded offerings across the country with the opening of the Manchester office last year, were key factors.

Mark Bladon of Investec

Investec commits record £400m to UK lending

8 August 2017

Investec Structured Property Finance has committed to provide more than £400m in senior loan facilities in the first half of 2017, a record for the group.

Colin Lewis Avant Homes CEO

Avant Homes secures £200m banking facility

7 August 2017

Regional housebuilder Avant Homes has secured a £200m bank facility, which it said will fast-track its plans to increase annual ?turnover to £500m, and develop 2,000 homes a year.

Amsterdam skyline

RBS latest to plan move away from UK for post-Brexit EU hub

4 August 2017

The Royal Bank of Scotland is in discussions about setting up an ‘EU hub’ office in Amsterdam as a consequence of the Brexit vote.

Quintain

Quintain secures £65m government loan

3 August 2017

Quintain’s build-to-rent (BTR) development in Wembley Park has received a £65m boost from the government’s £3bn Home Building Fund.

Property Companies

Larry Lipman, managing director of Safeland

Safeland FD quits firm

18 August 2017

Mark Beveridge, finance director and company secretary at Safeland, is set to leave the firm to pursue new business interests.

More property company financial news



Fund Management

Finance

Hillview launches Partners Property Fund

7 August 2017

The Hillview Group has launched its first real estate fund, Hillview Partners Property Fund (HPPF).

More property fund management news

Mergers and Acquisitions

Standard Life Aberdeen

Aberdeen and Standard Life complete merger

14 August 2017

The merger of Aberdeen Asset Management and Standard Life has completed today to form Standard Life Aberdeen, one of the world’s largest investment companies with assets under administration of £670bn.

More news on property firm mergers and acquisitions