Lending

The results of Link Asset Services' latest lending market survey show growing caution among debt providers.

With high levels of property debt liquidity across Europe, opportunities where competition is less fierce are becoming more appealing, MIPIM attendees told Real Estate Capital in Cannes.

For some of the delegates at MIPIM, the ‘retail train wreck’ is creating discounted opportunities across equity and debt, says our sister title, PERE.

With the addition of Oaktree, a respected credit business, Brookfield has shown how debt investing has risen to prominence post-global financial crisis and become crucial for being a global diversified asset manager, reports our sister title Private Debt Investor.

Rising interest rates, CMBS volatility and the likelihood of higher spreads are among the factors borrowers in the US need to think about, writes Ryan Krauch of Mesa West Capital.

Private real estate debt vehicles need to prove their value to investors in a more crowded and competitive market.

Industry figures at the annual Cannes gathering predicted another strong year for real estate, but acknowledged threats including Brexit and slower eurozone growth.

Analysis of the latest commercial real estate lending data, provided by CBRE, shows debt terms are favourable for sponsors.

Global investors are targeting debt as well as opportunistic and value-add investing, the consultancy says.