October 2018 issue

In the third of three instalments, Real Estate Capital highlights the alternative lenders most actively providing finance to Europe's real estate markets.

In the second of three instalments, Real Estate Capital examines the leading lenders in Europe today.

More organisations than ever before are aiming to provide debt across Europe’s commercial property markets. In the first of three instalments, Real Estate Capital profiles those making the biggest impact.

The figures that shaped the property finance industry from mid-August to mid-September.

Lower bank lending volumes, the dominance of investment banks in emerging markets and growing pools of capital in the non-bank sector; clear trends emerged while compiling the latest Europe’s Top 40 Lenders.

Lenders are busy in the country’s booming property market, but fierce competition, high property prices and tightening regulation are challenges they face.

French bank Société Générale has underwritten the financing of a huge healthcare deal, highlighting the allure of the sector to lenders.

Apollo’s purchase of a €2.7bn loan portfolio from Bank of Cyprus is expected to reactivate the island’s property market.

South Korean real estate investors are flocking to Europe, partly buoyed by favorable domestic regulatory changes.

Commercial real estate is a global investment market, meaning myriad factors – from trade wars to hedging costs – threaten to upset the sector’s smooth running.

The UK retail sector may be in crisis, but amid the challenges lenders can still find opportunities.