LATEST BANKS & LENDING NEWS
Osborne and Co has been appointed to develop Santander’s new £75m north west office – just a month after securing another major contract with the bank.
Urban Exposure PLC has grown its total lending commitments to £230m since its IPO in May following the successful closure of seven new loans from 3 July 2018 to 17 October 2018.
Wordie Properties has agreed a £35m funding package with Bank of Scotland to finance the Glasgow property company’s growth plans.
New lending in the UK commercial property market in the first six months of 2018 increased sharply even though the investment market was largely flat, the Cass Business School UK Commercial Real Estate Lending Report has revealed.
Apache Capital Partners has secured a four-year £58.5m loan from LaSalle Investment Management to help fund The Lexington build-to-rent (BTR) scheme in Liverpool.
Santander has announced a £2.8bn commercial real estate loan securitisation.
Great Portland Estates has signed a £450m unsecured revolving credit facility at a headline margin of 92.5 basis points over LIBOR.