Eurohypo's UK team has provided a total of £620mln (EUR 783 mln) over the summer to finance real estate transactions worth £965mln (EUR 1.2 bn). Covering a range of asset types, the deals include Land Securities and Liberty International's joint venture acquisition of the Empress State Building with Eurohypo as Co-Underwriter; Mountgrange and Curzon's joint venture partnership acquiring a large UK property portfolio from Prupim; a portfolio asset managed by Protego Real Estate Investors for a private consortium; Resolution Properties' purchase of Templars Retail Park, Oxford from The Junction; a portfolio of Scottish assets for Redevco as well as the refinancing of an office building in Dublin for a private investor
Eurohypo's UK team has provided a total of £620mln (EUR 783 mln) over the summer to finance real estate transactions worth £965mln (EUR 1.2 bn). Covering a range of asset types, the deals include Land Securities and Liberty International's joint venture acquisition of the Empress State Building with Eurohypo as Co-Underwriter; Mountgrange and Curzon's joint venture partnership acquiring a large UK property portfolio from Prupim; a portfolio asset managed by Protego Real Estate Investors for a private consortium; Resolution Properties' purchase of Templars Retail Park, Oxford from The Junction; a portfolio of Scottish assets for Redevco as well as the refinancing of an office building in Dublin for a private investor
The deals were led by Eurohypo's vice presidents Madeleine Forrest, John Rubbert and Dan Smith.
'Eurohypo remains open for business. While there is certainly less activity than last year, professional investors are still actively making strategic acquisitions and financing existing portfolios to achieve their business objectives. We continue to back management teams with strong track records and clear plans for their investments, both existing clients and companies new to us,' said Michael Acratopulo, managing director, UK Origination at Eurohypo.