Home Coronavirus



The private real estate firm believes proximity to transport hubs is critical for office assets.
Erfurt, Germany
Gifford West of non-performing loan advisory firm Alpine Tremont says the pandemic’s impact on consumer behaviour means a wave of real estate loan defaults is inevitable.
The US-based firm sees significant mispricings that present opportunities to take short positions.
The southeast Europe-focused investment manager has closed a €55m non-performing loan deal in Greece and provided fresh capital to a hospitality owner in the country.
The latest report by Bayes Business School, formerly Cass, reveals loan origination reached £23.3bn in the first six months of 2021 as lenders tackled a deals backlog.
Lenders at the PERE Debt & Financing Forum, held in London this week, said residential sectors and development mandates are increasingly attractive.
The investment manager has raised an initial £140m of investor capital and is targeting £500m for its latest UK lending vehicle.

Copyright PEI Media

Not for publication, email or dissemination