Development finance

There is growing demand for construction finance. In the right circumstances, it makes sense for those lenders that understand the risks.

An increase in lending activity, a retreat by the German banks and a drop in residential development finance are among the key trends highlighted by the business school’s latest report on UK property lending.

The real estate investor has backed the recently launched Hilltop, which aims to lend £125m to SME developers over the next 12 months.

Merchant banking division provides its first multifamily loan in the country to develop Birmingham’s tallest residential building.

Britain is in dire need of residential development. Debt providers can play an important role in supplying the necessary finance.

NatWest, HSBC UK and Barclays commit to Downing Group’s development of three schemes in Coventry, Manchester and London.

Hines and APG Asset Management have sourced €81m from Wells Fargo for the construction of a built-to-rent scheme in Dublin.

Bank of Scotland has provided green financing for the 60% pre-let building at 177 Bothwell Street.

Lenders have growing appetite to back Spanish housing schemes as the sector experiences a robust recovery from the last banking crisis.

As the late stage of the property cycle begins to bite, the 2019 Emerging Trends Europe report indicates where debt providers should put their capital to work.