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Interest rates
The index scores calculated across the survey results show an improvement in respondents’ outlook.
The €499m bond, due to mature in October, was restructured with the help of a €100m loan from majority shareholder Apollo.
The first interest rate cut in the euro area has not changed the lending rate outlook for real estate.
Most lenders surveyed by the consultant say they will increase origination this year.
The firm is delving into the role public and private strategies play in institutional investor portfolios.
The ratings agency said many facilities were secured by overvalued property and had weak covenants.
Real estate market participants do not expect a significant immediate change in debt market conditions.
With the country set to elect a new governing party for the first time in 14 years, industry executives consider the implications.
Hopes that interest rates may have peaked are cheering survey respondents.
Conditions are ripe for lending, but barriers to entry in the industry remain high, delegates at PERE’s London event heard.