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During 2021, equity capital will be diverted from offices and shops to beds and sheds, creating demand for debt finance. But lenders should not overlook opportunities elsewhere.
Rating agency Moody’s predicts next year’s European CMBS issuance will have greater exposure to assets including multifamily residential and specialised properties.
Student accommodation
The extent to which universities bring students physically back to campus will determine property debt providers’ appetite for financing student accommodation.
The insurer cited the defensive nature of the sector as a reason for its second 30-year social housing debt deal in two months.
L&G Bromford affordable housing
The insurance company has provided a 40-year financing to housing association Bromford Housing through a private placement.
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