- January 1, 2011: Vol. 5, Number 1

To read this full article you need to be subscribed to Institutional Real Estate Europe

Property Debt Shows Signs of Loosening

by real estate debt markets are beginning to loosen up, reports CB Richard Ellis in the firm’s Q3 2010 MarketView: European Capital Markets, especially in markets with stronger fundamentals.

Germany and France, for example, are seeing larger loan sizes and higher LTVs. In Spain, by contrast, margins have been going up while loan sizes have been falling. Spanish banks are experiencing higher costs of capital and decreasing capacity as a result of sovereign debt downgrades.

“It is encouraging to see that there is an increasing number of options available for financing real estate transactions,” says Natale Giostra, head of UK and EMEA debt advisory at CB Richard Ellis Real Estate Finance. “However, we expect a tightening of traditional lending channels [in 2011] due to concerns about the volume of loans mat

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy