Latest news with #EstebanDuarte
Bloomberg
25-02-2025
- Business
- Bloomberg
Germany's Patrizia Seeks €1 Billion for European Housing Fund
By Esteban Duarte and Save German asset manager Patrizia SE is seeking to benefit from Europe's chronic housebuilding shortfall by raising €1 billion ($1.05 billion) for its latest residential real estate fund, according to people familiar with the matter. The fund, dubbed TransEuropean Living, is targeting returns in the range between 13% and 15%, said the people, asking not to be identified discussing a confidential plan. The fund's strategies will include debt financings, and it plans to invest in single-family and multifamily housing as well as alternative residential spaces such as student accommodations. A representative for Patrizia declined to comment.
Bloomberg
18-02-2025
- Business
- Bloomberg
UniCredit Said to Plan SRT Tied to €4 Billion of German Loans
By and Esteban Duarte Save UniCredit SpA is working on a significant risk transfer linked to a portfolio of almost €4 billion ($4.2 billion) of German corporate loans, according to people familiar with the matter. The potential size of the Italian lender's SRT is around 7% of the loan portfolio, and the deal may be completed in the current quarter, said the people, who asked not to be identified because the matter is private. Terms, including the size of the transaction, may change based on discussions with investors, they added.
