Borrowers

With further interest rate increases expected lenders in the UK are finding it difficult to underwrite new loans.

The manager said lower refinancing LTVs and falling capital values could cause problems for maturing loans, but described the funding gap as ‘relatively modest’ in historic terms.

A report published this week by LaSalle Investment Management and the Urban Land Institute drives home that non-uniform measuring of risks is keeping institutional real estate markets ambivalent.

The UK specialist lender is aiming to lend £1bn by 2024, with the support of a new funding line from NatWest Markets.

Debt providers hope new UK premier Liz Truss’s plan to tackle energy price hikes protects occupiers. 

During the era of ultra-low rates, real estate borrowers spent little time worrying about hedging. Now, mitigating interest rate risk requires more consideration – and higher costs.

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.

The participants in Real Estate Capital Europe’s mid-market roundtable seek to discover opportunity in a segment buffeted by economic headwinds.

Higher lending margins were seen in many prime office markets.

The French investment bank is supporting Threestone Capital’s pan-European push.