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- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
European property debt funding gap seen at E115bn
Some E482bn of European commercial mortgage loans are due to be refinanced in the next two years but, due to value declines and more conservative lending and LTV terms, not all will be refinanced, says a new report by DTZ Research. Therefore a debt funding gap exists of around E115bn. The study, authored by Kostis Papadopoulos and Nick Almond, says however that E58bn of equity is available in each of the next two years. There is only a question if this will be committed. (See upcoming PIE Editions for full story)