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Nuveen Set To Refinance £150M London Loan As Another £270M Office Goes Into Administration
News

Nuveen Set To Refinance £150M London Loan As Another £270M Office Goes Into Administration

... building in 2017 for £270M. The lender to the asset, Lloyds Banking Group, had been looking to sell a £175M loan secured against ... loan secured against it. The loan was also provided by Lloyds and matured in October but was not repaid.

May 24, 2023
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U.S. Hedge Fund Buys Shopping Centre Portfolio At Big Discount
News

U.S. Hedge Fund Buys Shopping Centre Portfolio At Big Discount

... , which acquired them when it purchased a loan portfolio from Lloyds Banking Group in 2012.  The three centres went into administration and receivership ...

Jan 20, 2025
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Value Falls On £425M Pair Of London Offices Prompt Loan And Building Sales
News

Value Falls On £425M Pair Of London Offices Prompt Loan And Building Sales

... £265M loan secured against it. The loan was provided by Lloyds Banking Group and matured in October but was not repaid, Bloomberg said ... SF 5 Churchill Place just afterward in 2017 for £270M. Lloyds is now looking to sell a £175M loan secured against ...

Mar 27, 2023
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retail park British Land
News

This Week's London Deal Sheet

... has entered a £150M joint venture with Homes England and Lloyds Banking Group to create Made Partnership, which will focus on the master ...

Sep 11, 2024
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European Banks Might Need Extra €30B As Stress Tests Put Real Estate Loans In The Spotlight
News

European Banks Might Need Extra €30B As Stress Tests Put Real Estate Loans In The Spotlight

... , and some might need to raise new capital from shareholders, banking analysts said this week.  At the same time, the Bank ... -year period for Barclays to £700M each for NatWest and Lloyds Banking Group

Jul 13, 2023
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Bank And Housebuilder Ramp Up 1,000-Homes-Per-Year SFR Venture
News

Bank And Housebuilder Ramp Up 1,000-Homes-Per-Year SFR Venture

Citra Living, the build-to-rent investment division of Lloyds Banking Group, and Barratt Homes have started a third development in their ... in insulation and double glazing to maximise energy-efficiency. Lloyds said it wants to grow Citra to a portfolio of ...

Oct 31, 2022
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Loan Impairment Losses Jump At UK’s Biggest Property Lenders
News

Loan Impairment Losses Jump At UK’s Biggest Property Lenders

... the two largest lenders to UK commercial property. Last week Lloyds Banking Group took a £1.4B provision against potential losses on bad ... on loans to banks.  Going into the last downturn, Lloyds and RBS lent more than £150B combined to commercial property ...

May 04, 2020
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£445M Of New Debt And A Big-Name Chairman On The Way For Restructured Retail Owner
News

£445M Of New Debt And A Big-Name Chairman On The Way For Restructured Retail Owner

... the proposal. The £395M senior loan, to be provided by Lloyds Banking Group, would be combined with cash on the balance sheet of ...

Mar 05, 2024
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Demographics, Demand And Bulk Deals Power SFR To New Heights
News

Demographics, Demand And Bulk Deals Power SFR To New Heights

... Blackstone owns.  Citra Living, the rented residential company owned by Lloyds Banking Group,  added 1,600 homes to its pipeline last year, taking ...

Feb 26, 2024
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Wooden office building
News

This Week's London Deal Sheet

... has been purchased by Citra Living, a part of Lloyds Banking Group, for £35.7M, with an anticipated gross estimated ... Borough Market. The regeneration project already includes The Office Group, Everyman Cinema, Le Chocolat Alain Ducasse and Barrafina as ...

Jun 15, 2023
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