Large real estate consultancies have been developing debt advisory services in response to decreasing transaction volumes and increasing demand, writes Beth Ure.
The credit ratings agency says the Toronto-based manager faces a 'severe test' meeting repayments as interest rate costs on the securitised loan soar.
The Eastern European property group has raised debt for offices as part of a €600m financing package.
HSBC’s exit from Canary Wharf is not a death knell for the estate. But it highlights problems facing those invested in the former financial hotspot.
A continued pause in the UK property investment market is expected following the Bank of England’s latest interest rate rise, which will further impact affordability of loans.
The Central Bank of Ireland’s latest review foresees continued price declines testing loan-to-value covenants.
The US, UK and continental Europe offer great opportunities for alternative lenders. But it is North American managers that are better able to capitalise on a transatlantic strategy.
Welcome to Real Estate Capital Europe’s listing of the 30 managers ranked as the biggest debt fundraisers on the continent.
A variety of factors are encouraging non-bank lenders to launch into continental Europe across all strategy types.
Managers in the latest Debt Fund 30 ranking collectively recorded a slight decrease in European lending volume year-on-year.