The latest CBRE data show that real estate debt remains a smart choice in a low return world.
CBRE data show that loan-to-value ratios fell in five retail markets across the continent, compared with only three for offices and two for industrial.
Although Brexit and the crisis in retail dampened investment, debt providers did brisk business in the UK in 2019.
Real estate investors say limited land supply is holding back the development of the urban logistics sector.
Debt providers from outside the region were a major source of finance in southern Europe’s property markets last year.
Domestic banks showed no let-up in appetite for German real estate lending during 2019, despite high values and low margins.
An ESG-linked debt facility, a co-living loan, and the conditional financing of a retail landlord were among this month’s key transactions.
The Chicago-based manager’s latest real estate debt fund carries the same strategy as its predecessor, but the lower return targets are a function of the late cycle, sister title PERE has learned from a source.
With the multifamily sector still in its infancy in Australia, the Melbourne based manager is seeking A$1bn to lend to first mover developers.
The winners of the Real Estate Capital Awards 2019 demonstrated creativity against a backdrop of challenging market conditions.