Business Immo, the real estate website
Finance

Accor successfully places €500m hybrid perpetual bond issue

Accor today successfully placed a €500m perpetual hybrid bond with a 7.25% coupon. "The transaction was oversubscribed by approximately four times, reflecting renewed investor (...)

Finance

ClubFunding raises €120m to meet the financing needs of the real estate sector

"The demand for financing is such that we had to act", notes David El Nouchi. So ClubFunding Group, of which he is Chief Operating (...)

Finance

BNP Paribas, Citi and Crédit Agricole CIB refinance Blackstone's Madrid multi-family portfolio

Blackstone Group has refinanced its Spanish multifamily portfolio Fidere with a €440m loan from BNP Paribas, Citi and Crédit Agricole CIB, according to an exclusive (...)

Listed

Austria's Immofinanz reported near sale of 26% stake in CA Immo

Austrian listed Immofinanz is on the point of selling its 26% stake in peer CA Immobilien to US private equity firm Starwood Capital Partners, according to Vienna stock (...)

Finance

US Lone Star sells remaining stake in Spanish housing firm Neinor

Giant Texas-based opportunity and wealth management group Lone Star has sold almost all its remaining stake in Spanish housing firm Neinor Homes which it floated last March. The (...)

Finance

Spanish Colonial’s bid for Axiare thrown into confusion as BoA, funds raise stakes

Spanish REIT Colonial’s takeover bid for peer Axiare has taken a confusing turn after Bank of America declared a 6.7% stake in the target, Boston fund Wellington (...)