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Lender To Sell £104M Loan To WeWork-Let City Icon At A Discount
News

Lender To Sell £104M Loan To WeWork-Let City Icon At A Discount

Bank of Ireland is selling the debt secured ... That deal was completed with the £104M loan from Bank of Ireland.  By 2020, the value of the ... earlier this year, a process that started after lender Lloyds attempted to sell the loans against the buildings.  ...

Nov 22, 2023
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Henderson Park
News

Henderson Park Buys Iconic Lloyd's Building: The London Deal Sheet

... is actively exploring further opportunities, the company said. PEOPLE Investec Bank has appointed Joe Armstrong as head of capital raising for ...

Dec 11, 2025
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Sign Of The Times: A Hong Kong-Based Owner Is Walking Away From  A £270M London Office Building
News

Sign Of The Times: A Hong Kong-Based Owner Is Walking Away From A £270M London Office Building

... are in the nearby 500K SF 25 Bank St. The company that owned the building ... that it had been appointed by senior lender Lloyds.  “The senior loan facility was due to ... renamed ‘Asia Center.’ “The rental income and bank loan ratio of No. 5 Churchill Square have ...

Jul 27, 2023
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Build-to-rent
News

Investec Backs Old Oak BTR Scheme With £41M Loan

... Docklands, plus its previous work with Housing Growth Partnership, the Lloyds Banking Group- and Homes England-backed investor, the company ... sector, including an £85M senior development loan, alongside Bank of Ireland, to a joint venture between JRL Group ...

Apr 22, 2026
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Battersea Power Station Defied Bankruptcy — But Its Nine Elms Home Draws Fire
News

Battersea Power Station Defied Bankruptcy — But Its Nine Elms Home Draws Fire

... the border of Wandsworth and Lambeth boroughs on the south bank of the Thames, with Vauxhall station at one end and ... the coronavirus pandemic.  Bankruptcy And Sale When Lloyds, and its lending parter, Allied Irish Bank, decided to call time on REO’s ...

Dec 12, 2021
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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 ... loans when it reported first quarter 2020 results, and Royal Bank of Scotland took an £802M provision.  The provisions were not ...

May 04, 2020
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Logistics
News

Fiera Real Estate Lays Out £150M On Industrial Sites And Office Loans: The London Deal Sheet

... package is with Hill’s core banking partners HSBC, Lloyds, NatWest and Santander. The increased facility provides long-term ... transaction between Canada Life Asset Management and Cortland.   *** Investec Bank has provided Kennedy Wilson with an £11.3M loan ...

Jan 29, 2026
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London Office Bought For £410M Goes Into Receivership
News

London Office Bought For £410M Goes Into Receivership

... against it. The loan was provided by Lloyds Banking Group and matured in October but was ... 270M. The lender to the asset, also Lloyds, had been looking to sell a £175M ... office is the nearby 500K SF 25 Bank Street. Mingtiandi reported that Cheung Kei released ...

Jun 13, 2023
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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

... 2017 for £270M. The lender to the asset, Lloyds Banking Group, had been looking to sell a ... London office is the nearby 500K SF 25 Bank Street. JLL has been appointed to sell the ... The loan was also provided by Lloyds and matured in October but was not repaid.

May 24, 2023
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European Banks Hit By Fears About U.S. Real Estate
News

European Banks Hit By Fears About U.S. Real Estate

... on its property loans.  Investment bank Natixis said in a research report ... days, other international banks, including Deutsche Bank and Japan’s Aozora, reported significant ... UK’s two largest property lenders, Lloyds and NatWest, have virtually no disclosed ...

Feb 07, 2024
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