For some of the delegates at MIPIM, the ‘retail train wreck’ is creating discounted opportunities across equity and debt, says our sister title, PERE.
Rising interest rates, CMBS volatility and the likelihood of higher spreads are among the factors borrowers in the US need to think about, writes Ryan Krauch of Mesa West Capital.
Industry figures at the annual Cannes gathering predicted another strong year for real estate, but acknowledged threats including Brexit and slower eurozone growth.
Britain is in dire need of residential development. Debt providers can play an important role in supplying the necessary finance.
Debt providers and borrowers need to work together if they are to help struggling shopping properties.
The Pfandbrief Act needs to change if Germany’s lenders are to use cheap funding to write UK loans.
The conservative use of debt by commercial property investors has reduced the likelihood of boom-and-bust, but the market is becoming more intricate in this elongated cycle.
German banks’ ability to underwrite mega-loans shows their confidence in the originate-to-distribute model when the right deals come to market.
The pipeline of purpose-built rental housing for the UK has never been fuller. But while institutional equity is bullish, the sector’s lenders need more clarity on market metrics.
Land Securities’ launch of a flexible office brand is the latest example of the model going mainstream.