Real estate names pile into debt markets as M&A tipped to soar

By Mike Turner
28 Jan 2021

Real estate companies are some of the biggest borrowers in Europe this year, with loans for Valor Real Estate and QuadReal Property, a UK/Canadian property joint venture, and Supermarket Income Reit adding to the pile this week.

Valor/QuadReal’s three year revolving credit facility was arranged by HSBC and CIBC. The deal comes in €100m and £100m ($137.4m) tranches.

“Agreeing this sizeable facility is an important step following the launch of the QuadReal JV last year and will allow us to accelerate our investment programme,” said Matthew ...

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