GE Capital Real Estate Europe is hoping to build a $5 bn UK loan portfolio within the next four to five years, according to the company’s Paris-based European president Lennart Sten. ‘The UK is our number one target market, where we are focusing on debt financing,’ he told PropertyEU. ‘You can get good returns by taking senior debt risk. You can’t get the same returns on equity today.’
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
