German lender Aareal Bank has announced the closing of a financing agreement in the form of a senior loan to the owner of the five-star Sofitel Paris Le Faubourg hotel.
German alternative investment fund manager Intreal said it boosted its assets under management (AUM) by nearly 12% in the first half of 2022 but warned that growth will slow in the second half as inflation and higher interest rates start to bite in earnest.
