The London-based residential lender aims to lend £250 million to developers over the next five years for housing developments in London and the south east of England.
The chief investment officer of Blackstone Real Estate Debt Strategies says that, because of improving fundamentals, there’s good reason why more money is coming in to commercial real estate debt.
The president and CEO of the Canadian pension giant argued for the need for long-term thinking when investing in real estate, as well as other alternative assets, in an address to the Canadian Australian Chamber of Commerce.
In continuing its plan to reduce its exposure to non-core assets, the London-based banking giant is considering the sale of another €650 million of Irish real estate loans.
The New York-based retirement fund is looking to enter the senior real estate debt arena in Europe, building a team first in the UK and before expanding into continental Europe.
The New York-based private equity firm’s head of real estate is one of six executives being considered as a possible successor to current CEO Stephen Schwartzman.
The New York-based private equity firm’s head of real estate is one of six executives being considered as a possible successor to current CEO Stephen Schwartzman.