sponsored

Institutional investors are grappling with the question of what to do with existing assets amid greater ESG scrutiny during the pandemic.

The property business of the German insurance giant closed a $234m loan in the US healthcare property sector in August.

The pandemic has changed how and where we work. But what does that mean for offices and how they will be financed?

Welcome to Real Estate Capital’s guide to the real estate debt advisers active in Europe today.

Despite covid, the UK debt market is well-capitalised, says Lisa Attenborough, head of debt advisory at Knight Frank.

First Growth co-founder Cyril de Romance identifies gaps in Europe’s property lending market – and tells Real Estate Capital how the advisory firm is uniquely positioned to help clients fill them.

Pfandbrief banks lead on senior lending, but demand for mezzanine, whole and bridge loans means opportunity for new entrants, say Curth-C. Flatow and Kim Jana Hesse of German debt brokerage firm FAP Finance.

Capital is being reallocated from equity investment to credit to back a new generation of alternative lenders, say Sanne’s Simon Vardon and Keith Miller, and Westfort Advisors’ Deepak Drubhra.

Deals are picking up steam in an Italian debt market with its own idiosyncrasies, says Mauro Savoia, Three Stars Capital Partners’ chairman and CEO.

Covid has added complexity because of the changes in lender appetite but the sector is bouncing back after a three-month hold.