REC staff
Oxford Economics sounds alarm over declining interest coverage ratios; Fiera Real Estate sees "huge" potential as it launches a debt business; the mid-year 2022 Bayes Business School UK report provides a snapshot of a buoyant H1; and more in today’s briefing, exclusively for our valued subscribers.
Sirius Real Estate’s early refinancing demonstrates how some sponsors are aiming to get their finances in order; EXPO Real participants describe a market hit by uncertainty around rising debt costs; the Urban Land Institute warns of a ‘climate bubble’ as it publishes valuation guidelines to factor in transition risk; and more in today’s briefing, exclusively for our valued subscribers.
The UK’s economic crisis prompts a pause in real estate lending; delegates at EXPO Real in Munich discuss factors including refinancing risk; FAP Group’s latest research suggests demand for mezzanine debt is on the rise in Germany; and more in today’s briefing, exclusively for our valued subscribers.
The collapse of the pound prompts the suggestion foreign buyers can pick up UK property at a 25 percent discount; AXA IM – Alts and Lendlease secure debt deals for City of London assets; AEW identifies a €24 billion refinancing gap for key European property markets; and more in today’s briefing, exclusively for our valued subscribers.
Data from MSCI shows the global impact of inflation and rising interest rates on real estate returns; property lending specialists brace for further rates increases amid rising debt costs; Debt fund manager DRC Savills IM’s key hire signals Asia-Pacific plans; and more in today’s briefing, exclusively for our valued subscribers.
Bond investor jitters hint at concerns over indebted European real estate companies; noises around the ECB’s key rate hitting 2 percent spell concern for real estate debt costs; industry figures try to make sense of how ‘Trussonomics’ will impact the UK market; and more in today’s briefing, exclusively for our valued subscribers.
Real estate lenders watch for new UK prime minister Liz Truss’s response to the energy crisis, and her likely economic path; the threat of greenwashing grows as the lending industry embraces sustainable financing; REC Europe calls for submissions for its annual list of leading debt providers; and more in today’s briefing, exclusively for our valued subscribers.
Navigating the current debt landscape requires a blend of debt sourcing and restructuring expertise, experience and a deep network in the real estate industry, says Cyril de Romance.
Welcome to Real Estate Capital’s guide to the real estate debt advisers active in Europe today.
Investors are increasingly cautious, but Three Stars Capital Partners’ CEO Mauro Savoia says there are still plenty of good deals to be done.