Alicia Villegas
The prospect of rising interest rates and the proliferation of buy-to-hold strategies are among the drivers of long-term loan deals.
The prospect of rising interest rates and the proliferation of buy-to-hold strategies are among the drivers of long-term loan deals.
We might be at a late stage of the property cycle, but capital providers are determined to find routes into the market.
Around €2bn of non-performing loans have been sold in Portugal so far in 2018, while a further €4.2bn of live deals are being tracked, according to Evercore.
Property lenders must create late-cycle strategies to avoid the “profitability black hole” of previous cycles, a debt working group has urged.
Almost a decade since the launch of the Spanish equivalent to the REIT regime, listed property vehicles are creating significant business in the debt space.
In the third of three instalments, Real Estate Capital highlights the alternative lenders most actively providing finance to Europe's real estate markets.
In the second of three instalments, Real Estate Capital examines the leading lenders in Europe today.
More organisations than ever before are aiming to provide debt across Europe’s commercial property markets. In the first of three instalments, Real Estate Capital profiles those making the biggest impact.
The Spanish REIT, recently bought by Blackstone, has signed a facility maturing in February 2020 with BNP Paribas.