Banks

BF.direkt’s fourth quarter sentiment sweep of 110 lenders shows mood is at an all-time low.

Part two of our guide to the finance providers making their mark in Europe.

The European real estate lending market has been battered by headwinds. But as the latest version of our annual list shows, some finance providers managed to make their mark.

A debt funding gap looms across Europe’s property markets. Yet banks and debt funds are well capitalised. Will their funding end up where it is most needed?

Providers of loan-on-loan finance are pricing in higher interest rates.

The newly branded Niam Credit plans to expand into mezzanine finance in preparation for widespread refinancing challenges in the region.

Panellists at CREFC Europe’s London conference said uncertainty around interest rates and property values is making debt transactions difficult to underwrite.

Loans coming to maturity in the next two years will be hard hit by interest rate rises and decreasing loan-to-values, respondents said.

UK offices and retail are sectors of most concern as interest coverage ratios plummet.