Lending

The ratings agency said many facilities were secured by overvalued property and had weak covenants.

The number of borrowers seeking loans for new transactions increased via the online lending platform during Q1 2024.

With a €445m refinancing, Frankfurt's Palais Quartier – home to MyZeil shopping centre – highlights investor confidence in its prime location and strong occupancy.

Guest comment by Lesley Lanefelt of Velo Capital.

Guest comment by Laura Bretherton of Macfarlanes.

Ravi Stickney, leader of the firm’s real estate business, says it is crucial to know when to lean in and when to pull back from the financing market. And now is the time to lean in, he says.

Europe’s commercial real estate lending market remains a mixed bag, with certain strategies and regions more viable than others.

Lenders face troubled debt positions as final maturity dates set out in loan agreements approach.

Lenders will have ‘no choice’ but to enforce if these conversations do not start soon, according to restructuring specialists at accountancy PwC.

Debt providers are converging on favoured types of real estate, the consultant said at its latest Financing Property event.