Institutional Real Estate Europe

March 1, 2021: Vol. 15, Number 3

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From the Current Issue

Europe

Debt appeal: The continued rise of non-bank real estate lenders

Downturns all have different causes and effects, so the range of experiences for the real estate market is wide. They can range from mild declines affecting a narrow part of the market — such as the region-specific Asia crisis or the dotcom bubble, which affected mainly tech-related office tenants — all the way to a full-blown, synchronised global downswing, such as the global financial crisis (GFC) in 2008.

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