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Finance news

Swedish East Capital RE's fund restarts dividend after completing €200m investments

Latvia-based East Capital’s third real estate fund is to pay a special dividend as it starts to make regular income distributions since completing its (...)

BNP Paribas RE changes governance to reflect growing European strategy

BNP Paribas Real Estate is changing its governance to reflect a growing internationalisation and strengthen its position in development and key locations such as Italy. Its Board (...)

AXA acquires London-based Secure Legal Title insurance agency

AXA XL, a US-based division of the global insurance group, has acquired Secure Legal Title Ltd, a London-based insurance agency and Lloyd’s approved coverholder, active (...)

Current real estate allocation in main European nations is 11.2%

The current allocation by investing institutions to real estate in the main European nations stands at 11.2% of assets on average, significantly up on (...)

Australia's Cromwell supports European REIT in €625m refinancing

Australia's Cromwell has supported its Cromwell European REIT in raising €625m in unsecured debt refinance from a banking group, keeping leverage low, maturities long (...)

Powerhouse Habitat wins €560m BNP Paribas, Natixis facility

French residential REIT/SIIC Powerhouse Habitat has won a €560m eight-year senior mortgage financing arranged and underwritten by domestic banks BNP Paribas and Natixis. This financing (...)