Lucy Scott

With further interest rate increases expected lenders in the UK are finding it difficult to underwrite new loans.

An increasing number of firms do not believe environmental strategies help to attract investment, according to a new survey from Auxadi.

The manager said lower refinancing LTVs and falling capital values could cause problems for maturing loans, but described the funding gap as ‘relatively modest’ in historic terms.

The manager, which provided the loan on behalf of investor Phoenix Group, says there is a strong social case for providing finance in the sector.

The UK specialist lender is aiming to lend £1bn by 2024, with the support of a new funding line from NatWest Markets.

Debt providers hope new UK premier Liz Truss’s plan to tackle energy price hikes protects occupiers. 

Across the financial and asset management worlds, claims about sustainability are coming under scrutiny. For real estate lenders, ensuring that their approach to ESG-related lending is clear and accountable is becoming imperative.

The manager is on the hunt for borrowers with ESG-related business plans.

The mid-market lender expects busy months ahead as sellers accept challenging market conditions.

The French investment bank is supporting Threestone Capital’s pan-European push.