The Starwood Capital lending machine backed data centres and UK resi with €1.3 billion, while investors bought more residential, in Germany, Poland and the Nordics.

Starwood lent £365 mln for London''s Elephant & Castle development

Starwood Lent £365 Mln For London''s Elephant & Castle Development

Starwood’s debt investment in data centres was an €855 mln loan to Echelon, an Irish owned company which is midway through a programme to build on four Irish sites in and around Dublin, with a combined capacity of 400MW.

The alternative lender also advanced £365 mln (€437 mln) to UK residential developer Get Living which will enable the second phase of Elephant & Castle town centre in Southwark, London and is one of the largest UK development loans advanced in the last 12 months.

In the last four weeks big residential portfolios have traded in Germany, Sweden, Denmark, Finland and Poland as investors in the sector compete to buy at scale.

The office market continues to be busy, particularly in Germany.

We also track the latest fund raisings and new assets on the market.

Click here to access the data.