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Before this cycle, there was little need for borrowers in European real estate markets to turn to intermediaries for advice. Now, debt advisors’ expertise is valued by many in the sector.
Colliers International’s Robert Campkin says debt secured against tenants’ credit is an attractive option for businesses amid the market uncertainty of covid-19.
Slight changes to assumptions of how covid-19 debt is tackled will have implications for property strategies, says CBRE.
Nordics lender Nordea offered competitively priced debt, but was picked to finance the Trinity Quarter development, in part to strengthen the US manager’s lending ties in the region.
An increased number of investors are optimistic about the long-term future of hospitality, but lenders remain circumspect for now.
Writing loans against office property is currently difficult. But lenders were already pondering the evolution of the sector before covid made things more complicated.
Investor interest remains strong after corporate real estate disposals reached record levels in Europe and Asia last year.
Nick Sanderson says the UK landlord obtained an interest cover ratio waiver on its sole secured loan to ensure 'flexibility' amid reduced retail rents.
The emerging co-living sector taps into demand for affordable housing solutions in gateway cities and from young professionals who value experience more than assets.
Investor interest in alternative real estate sectors in particular is expected to increase in the aftermath of the crisis.