Inside: The winners revealed – REC Europe’s annual awards celebrate the industry’s biggest achievements of 2022; How pressure is growing on banks over ESG; Expert comment and analysis; Plus much more…
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.
Educating lenders about emerging strategies, such as student accommodation, data centres and life sciences, has been the key to unlocking liquidity in nascent markets.
Effectively one step removed from real estate assets, lenders have not been at the forefront of the industry’s sustainability commitments. However, recent sustainable financing initiatives suggest times may be changing.
A decade since the last peak and crash, the real estate banking sector is better positioned for the inevitable correction, writes Simon Marshall, head of UK commercial property finance at Landesbank Baden-Württemberg (LBBW).
The €370 million senior loan provided in August to refinance the landmark Warsaw Spire office complex illustrates that German banks are determined to lend in Poland, despite market challenges.