For the alternative lenders participating in Real Estate Capital Europe’s roundtable, market conditions seem conducive to grow their loan books. But the apparent opening is not without complications.
Retrenchment by banks in Europe has opened huge scope for growth, but private real estate debt providers are keeping a weather eye on the effects of inflation.
Real Estate Capital Europe’s Spanish roundtable participants observe that despite a difficult pandemic, liquidity has swiftly flooded back to the country.
Retrenchment among the big domestic banks that dominate the French market has created opportunities for debt funds – when sponsors are willing to pay the price.
Participants in our first virtual roundtable predict lenders in France will reprice property debt and reduce leverage as the market copes with covid-19.