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The consultant highlighted that the proportion of stage two underperforming loans had increased to 9.5% by the end of Q2.
Patrizia senior portfolio manager Falvio Casero says the tool is a primary reason for the firm’s ability to close deals this year.
BF.direkt’s fourth quarter sentiment sweep of 110 lenders shows mood is at an all-time low.
Office
Figures published by the consultant show that 74% of offices are below the required EPC B label in the UK and 40% of offices do not have the required EPC C label in the Netherlands.
US commercial real estate borrowers are grappling with negative leverage as it becomes a universal issue.
Stop watch countdown timer
A debt funding gap looms across Europe’s property markets. Yet banks and debt funds are well capitalised. Will their funding end up where it is most needed?
Panellists at CREFC Europe’s London conference said uncertainty around interest rates and property values is making debt transactions difficult to underwrite.
Loans coming to maturity in the next two years will be hard hit by interest rate rises and decreasing loan-to-values, respondents said.
UK offices and retail are sectors of most concern as interest coverage ratios plummet.
City of London
The latest Bayes Business School report shows there was £23.7bn of origination in the first half of the year, in line with the same period in 2021.
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