The chief executive of pbb Deutsche Pfandbriefbank said its US exit and a ‘sluggish’ recovery will continue to weigh on the lender.
From June, we will merge with our US affiliate PERE Credit to provide global coverage of real estate private credit.
The 19th-century factory moves from its industrial past to a mixed-use future.
Real estate lenders are finding multiple entry points to the sector, but competing with infrastructure capital requires a new approach to underwriting.
As banks and debt funds seek efficiency in a fragmented and fast-growing back leverage market, warehouse-style structures are becoming the preferred route.
The sector saw €4.25bn issued across four facilities from December to mid-February, according to our loans database.
A spike in the five-year swap rates in the UK and eurozone is likely to have a ‘material’ impact on the price of real estate debt.
The Dutch firm is owned by real estate entrepreneur Daan Reekers and led by Bert van den Hoek.
Rohit Srivastava, the manager’s European credit specialist, tells REC Europe why the firm plans to ramp up lending.
Responses across multiple measures of debt‑market conditions largely aligned with CREFC Europe’s Q4 survey.