Sales of real estate loans and lender-owned properties look set to surpass the €85.9 billion 2015 market peak this year, on the back of large-scale loan sales and securitisations of non-core debt in the Spanish and Italian markets.
Average lending margins across European real estate finance markets have increased in the last six months, while leverage has crept up in selected cities, according to new research by Cushman & Wakefield.
The latest figures compiled by Real Estate Capital's data team show there are 25 Europe-focused real estate debt funds with known targets above €100 million currently fundraising.