Home REC’s view

REC’s view

Italy’s new politics makes lending trickier

Italy faces a battle to retain lenders’ renewed faith in its property market amid the unpredictability created by the election of the country’s first populist government.

The industry (still) needs troubleshooters

Loan servicers were most prominent when dealing with the fallout from the financial crisis, but they can play a valuable long-term role helping lenders avoid fresh problems.

A sting in the retail

Amid warnings of ‘enormous complacency’, deepening gloom on the UK’s high streets should encourage lenders to adjust their strategies.

Revival of the fittest

The return of CMBS creates additional liquidity for the European market, but its scope should remain selective.

It is a good time to be an incumbent lender

Property owners are reluctant to sell assets, meaning refinancing will be a major driver of lending activity.

There is opportunity still in the NPL market

European regulators deserve credit for pressuring banks to deal with toxic loans, but the weight of capital chasing distressed property debt is also driving activity.

Risky business

Participants in real estate debt deals should resist the temptation to relax financing standards.

The Cass report: five key issues

The report formerly known as De Montfort highlights several trends that are shaping the market, including growth in development lending and the increasing role of non-bank lenders.

The limits of liquidity

Despite the amount of debt capital available, some borrowers struggle to source real estate loans in Europe.

Sustainable lending is gaining traction

Lenders stand to benefit from the growth of an ethical real estate finance market, beyond the obvious reasons.

Copyright PEI Media

Not for publication, email or dissemination