Cushman &Wakefield has recently published European Real Estate Lending Survey 2013. The survey was conducted among 109 leading global real estate finance providers. The estimated lending appetite and identified the key trends shaping the finance market.
Analyses showed that the number of active lenders has increased by 29% during the previous year. However, Cushman & Wakefield experts stress the fact that most of them still focus on the best assets, while lending conditions remain strict.
The report indicates a great probability of growing demand for real estate loans on the European markets. Cushman & Wakefield analysts predict a 22% growth in comparison to the previous year. According to the report, the number of lenders willing to underwrite loans of over €100 million is increasing as well.
"The European real estate lending landscape remains dominated by the mainstream UK and German banks but more recent market entrants - especially those from the US - have started to make their mark. The fourth quarter of 2012 and the first quarter of 2013 witnessed a significant improvement in lending conditions; for the right assets, healthy competition exists among lenders, something that has not been seen since before the financial crisis" – comments Michael Lindsay, C&W's head of EMEA corporate finance.
Since 2012, the number of lenders open for business on the European market has increased by 29%, with 10 new entrants to the senior debt market, and 10 returning lenders.
The full version of the report is attached below in a PDF file.
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