Industrial & logistics

Consultancy's latest Debt Map report shows there was little change to the terms in most prime office senior lending markets during Q1.

Commercial mortgage-backed securities issuance in Europe is gaining traction, with six deals launched so far this year.

Among the past week’s most noteworthy items, Link Group’s latest debt survey found that most UK debt providers expect to increase loan originations in 2021 despite the persisting pandemic.

Debt providers are increasingly looking outside the most competitive markets for logistics lending opportunities, says the bank’s EMEA real estate head.

Another major shed portfolio financing this week demonstrates real estate lenders’ sustained appetite for logistics exposure.

Following the Canadian bank’s financing of a pan-European logistics portfolio for GLP, its European real estate head says multi-jurisdictional transactions often generate higher returns.

Mark Bladon, head of real estate at the banking group since January, plans to grow its exposure to build-to-rent residential and logistics, as well as its syndication capabilities.

During 2021, equity capital will be diverted from offices and shops to beds and sheds, creating demand for debt finance. But lenders should not overlook opportunities elsewhere.