Banks

Two of the biggest names in private real estate were engaged in conversations with their lenders about loans that are now due.

Trimont’s Michael Delaney says lenders should focus on loan events, cashflow and covenants to mitigate current risks. 

The credit manager has set up a Paris-based debt business focused on lending against assets being readied for a low-carbon economy across continental Europe.

The loan servicer predicts finance will focus on bridging the debt funding gap and green upgrades, says Serenity Morley, managing director, loan servicing, at Mount Street.

Lahcen Knapp, Empira’s chairman, expects an open playing field in Germany as domestic banks retreat.

The London-based manager‘s pan-European CREDO fund has invested in the Irish hotel market as it sees competitors ‘retreating’.

The consultant highlighted that the proportion of stage two underperforming loans had increased to 9.5% by the end of Q2.

BF.direkt’s fourth quarter sentiment sweep of 110 lenders shows mood is at an all-time low.

Part two of our guide to the finance providers making their mark in Europe.

The European real estate lending market has been battered by headwinds. But as the latest version of our annual list shows, some finance providers managed to make their mark.