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Britain’s Lehman Moment: How HBOS And RBS Lost £45B On Commercial Real Estate
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Britain’s Lehman Moment: How HBOS And RBS Lost £45B On Commercial Real Estate

... the Financial Services Authority and the bank itself. For RBS the equivalent figure was £15B. For Lloyds/HBOS, this figure accounts for ... of value in some individual cases was enormous. HBOS/Lloyds had to undertake the biggest debt-for-equity swap in ...

Oct 01, 2018
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Wooden office building
News

This Week's London Deal Sheet

... and development facility was provided by a consortium comprising Deutsche Bank, BNP Paribas and Axa. DEALS Pan-European property investor, ... portfolio has been purchased by Citra Living, a part of Lloyds Banking Group, for £35.7M, with an anticipated gross ...

Jun 15, 2023
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Property’s Biggest Lenders See Uptick In Stressed Loans
News

Property’s Biggest Lenders See Uptick In Stressed Loans

... positioned and proactively managed with appropriate risk mitigants in place.” Lloyds’ base case is that commercial property prices fall by ... that was related to property. The UK division of Spanish bank Santander is also a significant lender to UK property, ...

Aug 10, 2020
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This Week's London Deal Sheet
News

This Week's London Deal Sheet

... secured a €566M (£489M) refinancing facility with Aareal Bank and two participating lenders, including Rabobank. Operated under TSH ... build-to-rent neighbourhoods. *** Housing Growth Partnership, the Lloyds-backed equity investor in the UK living sector, has ...

Nov 30, 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

... in King’s Lynn, and The Rushes in Loughborough. UK bank Leumi provided an £18M loan to finance the purchase.  There ... , which acquired them when it purchased a loan portfolio from Lloyds Banking Group in 2012.  The three centres went into administration ...

Jan 20, 2025
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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

... said this week.  At the same time, the Bank of England said the UK’s largest banks could ... drawback of liquidity in the market.  French investment bank Natixis said in a research report and on a ... Barclays to £700M each for NatWest and Lloyds Banking Group. 

Jul 13, 2023
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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

... in June 2020.  Those creditors — lenders and bondholders like UBS, Bank of America and HSBC — have now come up with a ... the proposal. The £395M senior loan, to be provided by Lloyds Banking Group, would be combined with cash on the balance ...

Mar 05, 2024
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money, box of money, dollars
News

Distress Investor Seeks $6B For New Fund As Market Turns

... £900M portfolio from Lloyds Banking Group in 2011 and a €4.8B portfolio from liquidated Irish bank Anglo Bank the same year. As ...

Mar 10, 2023
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Bad News For UK Real Estate: Rate Cuts Less Likely After Surprise Inflation Bump
News

Bad News For UK Real Estate: Rate Cuts Less Likely After Surprise Inflation Bump

... a downward path, anticipating it would likely be below the Bank of England’s target of 2% by the second half ... , the path towards price stability is unlikely to be smooth,” Lloyds Banking Group economist Emma Wilks said. 

Jan 17, 2024
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M&G Real Estate City offices
News

This Week's London Deal Sheet

... by Argent in the early 2000s, Brindleyplace tenants include Lloyds, Deloitte, Deutsche Bank, Michael Page, Zizzi, Pret A Manger and Piccolino. The ...

Sep 07, 2023
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