Home Sponsored
sponsored
Property finance intermediaries tell Real Estate Capital that sustainability is becoming a crucial factor when sourcing loans.
As building owners ready their properties for the real estate recovery, debt advisers are helping to source finance for their business plans.
Following a purchase by development and asset management firm W.RE, plans to renovate Arding & Hobbs are underway, spurred by a £55m loan from BentallGreenOak to redevelop the property.
Market sources say that during crisis’ times, firms are more eager to explore the whole spectrum of financing options.
Philipp Wass of Scope, the German rating agency, argues bond investors need to be better able to assess the impact of sustainability on issuers’ credit quality.
The US federal programme, which expired in July, had helped to funnel international capital into commercial property financing deals in the country.
The UK manager plans to apply a new lending framework to all its real estate loans, starting with a soon-to-be-launched debt fund.
The Madrid-based mid-market lender aims to invest around a third of the vehicle’s capital in real estate credit opportunities.
Large pools of capital have been raised for distressed strategies, but thanks to government support schemes, finding a home for it is proving a challenge.
The significant growth potential of UK retirement living, with demand driven by a rapidly ageing population, is drawing lenders to the sector.