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

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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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