European banks’ growing interest in funding non-bank lenders illustrates how the continent’s property debt market is coming to resemble its US counterpart.
Panellists at the fifth annual Real Estate Conference in Oxford insisted that reckless lending is no longer the norm, but warned of parallels with the activities that occurred in the run-up to the global financial crisis.
The dubious case involving Blackstone in Milan is only the latest obstacle for foreign investors.
Since it launched in London in 2017, HFF has made significant inroads in European property debt advisory.
For some of the delegates at MIPIM, the ‘retail train wreck’ is creating discounted opportunities across equity and debt, says our sister title, PERE.
Rising interest rates, CMBS volatility and the likelihood of higher spreads are among the factors borrowers in the US need to think about, writes Ryan Krauch of Mesa West Capital.
Industry figures at the annual Cannes gathering predicted another strong year for real estate, but acknowledged threats including Brexit and slower eurozone growth.
Britain is in dire need of residential development. Debt providers can play an important role in supplying the necessary finance.
Debt providers and borrowers need to work together if they are to help struggling shopping properties.
The Pfandbrief Act needs to change if Germany’s lenders are to use cheap funding to write UK loans.