Home REC’s view

REC’s view

Five takeaways from the Cass report

An increase in lending activity, a retreat by the German banks and a drop in residential development finance are among the key trends highlighted by the business school’s latest report on UK property lending.

Lenders should not always give borrowers what they want

Although some borrowers are asking for higher leverage, lenders should only provide it when there is a clear opportunity to add value to an asset.

Financing retail requires an urgent rethink

Retail property needs to adapt to survive. And to ensure it has an adequate supply of debt, lenders and borrowers must adjust their approach.

SAREB risks losing momentum by abandoning NPL sales altogether

Spain’s ‘bad bank’ will not put large portfolios of toxic assets up for sale, despite high demand from investors. This refusal might be unnecessary.

Europe’s office opportunity moves south

Investment volumes for German offices are down as investors and their lenders increasingly look to Spain.

Loan-on-loan deals show how European real estate finance is being gradually Americanised

European banks’ growing interest in funding non-bank lenders illustrates how the continent’s property debt market is coming to resemble its US counterpart.

Why property lenders don’t think they will cause the next downturn

Panellists at the fifth annual Real Estate Conference in Oxford insisted that reckless lending is no longer the norm, but warned of parallels with the activities that occurred in the run-up to the global financial crisis.

How JLL stands to benefit from HFF’s European debt business

Since it launched in London in 2017, HFF has made significant inroads in European property debt advisory.

Another upbeat MIPIM, though concerns about headwinds are building

Industry figures at the annual Cannes gathering predicted another strong year for real estate, but acknowledged threats including Brexit and slower eurozone growth.

The UK housing debt gap creates opportunities for lenders

Britain is in dire need of residential development. Debt providers can play an important role in supplying the necessary finance.
rec
rec

Copyright PEI Media

Not for publication, email or dissemination