Home Authors Posts by Alicia Villegas

Alicia Villegas

Avatar
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 French firm has acquired a real estate debt portfolio in the country and a 24-member investment team as it expands its global strategy to deploy capital.
The vehicle has been upsized to £750m on the back of ‘strong’ demand from borrowers, coupled with investors’ appetite, says director Alexandra Lanni.
Pissouri bay Cyprus
Apollo’s purchase of a €2.7bn loan portfolio from Bank of Cyprus is expected to reactivate the island’s property market.
Former AgFe executive joins the London-based firm as partner.
The firms aim to address a ‘shortage of debt capital’ in mainstream residential developments with their joint venture vehicle, which has an initial size of £165m.
The firm enters property lending as it aims to exploit the ‘attractive’ alternative the asset class offers to direct equity investment.
The seven-year facility will finance the acquisition of 165 Fleet Street by a Chinese borrower as capital from the continent drives record investment volumes in the sector.
The Swedish asset manager is targeting a 2% net return as it provides longer-term credit across commercial real estate markets in its home country.
The pair’s Senior European Loan Fund II is 80% invested, with full deployment targeted for September.
The sale by Piraeus Bank is the first major property-backed deal in the country amid pressure from the ECB to bring loan portfolios to the market.
pdi
pdi

Copyright PEI Media

Not for publication, email or dissemination