Lucy Scott
BF.direkt’s fourth quarter sentiment sweep of 110 lenders shows mood is at an all-time low.
A debt funding gap looms across Europe’s property markets. Yet banks and debt funds are well capitalised. Will their funding end up where it is most needed?
Providers of loan-on-loan finance are pricing in higher interest rates.
The newly branded Niam Credit plans to expand into mezzanine finance in preparation for widespread refinancing challenges in the region.
The German residential landlord is renovating homes to help lower tenants’ energy bills.
Loans coming to maturity in the next two years will be hard hit by interest rate rises and decreasing loan-to-values, respondents said.
The lender originated the loan at a low debt yield but expects this metric to change as the sponsor executes a capex campaign.
UK offices and retail are sectors of most concern as interest coverage ratios plummet.
Lisette van Doorn says urgent action is needed to save assets from decline as ULI launches guidelines to assess transition risks.
The busy conference halls at the Munich event belied a lull in investment activity while the industry awaits stability.