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Invesco sees pressure on returns in Australian debt

Its real estate team says the yield spread has come down to the lower end of ‘a reasonable range’.

Brunswick closes second Swedish senior debt fund on €640m

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.

Shard Credit provides $13m to back UK accountancy business acquisitions

An accordion feature will provide SKS Business Services with funds to complete its acquisition pipeline.

Building deeper foundations

In the years after the financial crisis, real estate debt funds stepped in to plug gaps left by the banks. But as banks have continued to retreat, private funds have extended their reach. John Bakie reports

Structurally sound

Senior and unitranche dominate European deals.

Subordinated sources

Subordinated debt is growing in popularity.

Subordinated debt use reaches highest level since 2014 – report

Senior-only deals are making up a smaller percentage of deal activity as second-lien and high-yield make a comeback.

Amundi launches senior real estate debt fund

The strategy will focus on floating-rate loans provided across the eurozone.

ICG-Longbow provides “war chest” for real estate fund

The funding line will help Hillview’s real estate fund target acquisitions in the UK office sector.

Tikehau agrees €150m senior-stretch for JJA deal

The financing will help the household products provider to expand its operations internationally.

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