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The firm now expects geared total returns on prime offices to be 3.5 percent per year higher than it calculated at the end of 2019.
The Commercial Real Estate Finance Council Europe's latest sentiment survey shows there is plenty of concern about covid’s continued ability to cause havoc.
Real estate lenders in Europe are more cautious about lending against retail and, to a lesser extent, offices, according to consultancy CBRE. Its Q3 data debt terms have changed markedly since Q4 2019, with retail most affected and logistics least affected. However, CBRE says higher margins and lower loan-to-values have had a small negative impact […]
CMBS specialists, speaking during an online industry conference last week, debated the merits of going ahead with annual valuations amid the disruption caused by covid-19.
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