All Banks & lending articles
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Online
St Modwen secures £525m lending deal
RBC Capital Markets has agreed a £525m five-year loan to help fund St Modwen’s development pipeline.
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Online
LendInvest completes £410m securitisation of UK BTL loans
Lending group LendInvest has completed the group’s fifth and largest securitisation of £410m of its buy-to-let (BTL) mortgage loans in an oversubscribed residential mortgage backed security (RMBS).
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Online
Downing to offer sustainability-linked lending to property developers
Downing has launched a sustainability-linked lending programme for property developers.
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Online
Z Hotels secures lending for new London property
Z Hotels has secured a £23m loan from OakNorth and ASK Partners for the acquisition and refurbishment of a mixed-use building on Charing Cross Road in central London.
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Insight
‘Investors need to be brave’: Big interview with JP Morgan Asset Management
Paul Kennedy, managing director of JP Morgan Asset Management, tells Property Week why he believes the current market conditions create opportunities for property investors.
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Online
UK real estate delivers second-weakest half year of new loan origination since Brexit
UK real estate lending fell by nearly a quarter in the first half of 2023 compared with the first half of last year, making it the second weakest half year of loan origination since pre-Brexit, as interest rate rises and falls in property values took their toll.
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Online
Investec provides £80m loan for Norton’s Suffolk distribution centre
Investec Real Estate has provided Norton Group with an £80m financing package to fund the development of a distribution centre in Suffolk.
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Online
Sandyford secures £20m Barclays debt facility in drive to double portfolio
UK multi-let industrial property company Sandyford Properties has secured a £20m, five-year revolving credit facility with Barclays to fund acquisitions, as the group looks to more than double its portfolio over the next five years.
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Online
Tritax Big Box REIT agrees £500m RCF
Logistics group Tritax Big Box REIT has agreed a £500m sustainability-linked unsecured revolving credit facility (RCF) with a syndicate of its existing relationship banks and new lenders.
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Online
GPE agrees £250m lending deal
Great Portland Estates (GPE) has signed a new £250m unsecured loan with three existing relationship banks.
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Online
Schroder European REIT refinances Dutch assets
Schroder European REIT has completed a €13.8m (£12m) five-year debt refinancing secured against a five-asset Dutch industrial portfolio.
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Online
Related Argent agrees £243m loan on north London BTR scheme
Related Argent has agreed a £243m loan with ICG Real Estate for the development of a build-to-rent (BTR) scheme in Tottenham Hale, north London.
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Insight
Big interview with CapitalRise CEO, Uma Rajah: Setting a prime example in London
Uma Rajah, CEO of specialist lending exchange CapitalRise, tells Property Week why her firm is well placed to seize the opportunities offered by the largely recession-proof luxury London housing market.
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Online
UBS scraps Grant Thornton sublease as it moves Credit Suisse staff out of Canary Wharf
UBS has cancelled its deal with Grant Thornton to sublease nearly 105,000 sq ft to the accountancy firm as the Swiss investment bank starts moving Credit Suisse staff from Canary Wharf to its City of London HQ.
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Online
Vida hires Smith as national account manager
Specialist homes lender Vida has hired Oliver Smith as national account manager.
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Online
Quintain completes refinancing for Wembley Park
Quintain has agreed a £780m refinancing of its Wembley Park scheme with lenders JP Morgan and Cheyne Capital.
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News
Lenders seek shadow licences
Everyone knows lending criteria are tougher now than they have been for some time.
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Online
Select secures finance deal for resi development in Manchester
Select Property has agreed a £128.5m finance deal with Maslow Capital to fund the development of a residential scheme in Manchester’s Northern Quarter.
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Online
Housing Growth Partnership invests £18m to fund new Midlands homes
Lloyds-backed equity investor Housing Growth Partnership (HGP) has invested £17.7m of equity across seven housing schemes in the Midlands since the start of 2023.
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Online
House prices register largest fall in 14 years, Nationwide finds
The average UK house price fell in August at the sharpest annual rate seen in 14 years, according to the Nationwide Building Society.