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Alicia Villegas

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Alicia Villegas is a reporter with Real Estate Capital, based in PEI Media’s London office. Her primary role is to provide news and analysis of the European real estate finance markets. Prior to joining PEI Media in 2017, she was Iberia Correspondent at InvestmentEurope, covering the asset management industry, with a focus on fund sectors. Previous roles have included reporting on the international seafood industry for Undercurrent News.
The pandemic has accelerated lender diversification, with alternative debt providers gaining in prominence. Meanwhile, investor interest continues to rise due to attractive risk-adjusted returns.
The covid-driven need to improve or convert assets, alongside increased dry powder in the value-add space, has created the perfect storm for lenders.
Through its latest vehicle, focused primarily on investing in whole loans secured against UK commercial property, the firm has already committed £455m across 10 transactions.
Symi town cityscape, Dodecanese islands, Greece
Domestic banks are under pressure to reduce their bad loans and are on track to meet their targets.
Student accommodation: a growing sector for real estate investors
The vehicle will primarily lend against PRS and student accommodation assets in Spain and the UK.
Cyril Hoyaux and Arnaud Heck
The joint venture partners expect to hold a second close for their third senior property credit vehicle by December, targeting €400m.
euro banknotes in a row
The asset management firm has raised €250m for its maiden property debt fund and has deployed €180m across six loans in France, the Netherlands, Spain and Italy.
The Italian insurer is planning to open the platform to third-party investors and raise an additional €500m over the next two years.
UK and Ireland satellite photo
CBRE’s head of loan advisory expects an increasing number of non-performing retail loans to hit the market in the next two years.
The asset manager has committed an initial £70m of lending through its debut UK-focused vehicle across five loans.
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