propertyEU | On top of the deals, in touch with the dealmakers

Finance Watch

Ado Properties completes €400m bond issue to fund deal drive

Ado Properties, the listed Berlin-based residential landlord, has completed a €400 mln bond issue to fund some €300 mln of new acquisitions and to refinance existing debt.

Finance Watch

UBS completes initial deployment of €270m mortgage fund

UBS Asset Management's European mortage fund launched in December 2015 has agreed four transactions in the UK, fully deploying its £241 mln (€272 mln) of equity commitments.

Finance Watch

Allianz extends RE lending to Italy by co-financing €135m CBRE GI facility

Allianz Real Estate has extended its €5 bn European debt strategy to the Italian market by co-financing CBRE Global Investor's acquisition of an office and retail development in Milan.

Finance Watch

British Land launches €338m share buyback

UK REIT British Land has announced that it intends to allocate up to £300 mln (€338 mln) of capital to a share buyback during the current financial year.

Finance Watch

CTP inks €76m loan for CTPark Bucharest West

CEE business park specialist CTP has signed a loan deal with the European Bank of Reconstruction and Development (EBRD) and Romanian financial group BCR for a credit facility totalling €75.8 mln.

Finance Watch

HSH Nordbank part-finances €143m Cording deal

HSH Nordbank has provided the Cording Real Estate Group with €93 mln of financing for the acquisition of a commercial property portfolio in Germany priced at €143 mln.

Finance Watch

HIG Capital makes European data centre debt debut

Global private equity firm HIG Capital has completed a structured debt investment into the UK data centre industry via an affiliate of HIG Realty Partners. Terms were not disclosed.

Finance Watch

pbb provides €120m refinancing for TAG portfolio

German real estate lender pbb Deutsche Pfandbriefbank has inked a €120 mln refinancing deal with TAG Immobilien for 3,600 residential units and commercial properties at 18 locations across Germany.

Finance Watch

Aroundtown carries out €500m bond placement

Frankfurt-listed Aroundtown Property and its wholly owned Dutch subsidary ATF, have carried out a €500 mln bond placement to help fund the group's growth strategy and to repay or refinance existing debt.