Search
 

Reid: Good Luck on Your Office Loan

LONDON-Unless it's full of long-term leases. Rockspring's Berlin-based partner, hot off a major refi, spells out what Euro banks want.

By John Salustri | Updated on February 12, 2013

LONDON-Well, Stuart Reid ought to know. The Berlin partner of locally based investment advisor Rockspring Property Investment Managers just completed a $369-million refinancing of its German Retail Box Fund.

Now, in the wake of that mega-refi, he shares with GlobeSt.com some thoughts on what German banks are looking for and what the lender needs to bring to the table to get a mortgage deal done. First, he notes, banks, not unlike those stateside, favor retail, residential and industrial. “They’re not so keen on office, unless it is long-let,” he adds.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.