Losses and write-offs on retail debt could reach £10bn, while £22bn of development loans face delays, the latest UK lending market report by Cass Business School predicts.
4 min read · 21 April 2020
Trimont’s Michael Delaney argues that while the covid-19 crisis dominates the real estate lending market, the transition from LIBOR remains of crucial importance.
4 min read · 20 April 2020
Melville takes responsibility for a portfolio of industry-leading brands and will help shape the company’s editorial vision.
2 min read · 20 April 2020
Lenders are facing calls to grant interest payment holidays, force majeure is on people’s minds, and operational property is expected to be hardest hit.
3 min read · 16 April 2020
Borrowers with financially engineered performances face covenant breaches amid a market correction, warns AXA IM – Real Assets’ head of research and strategy.
4 min read · 16 April 2020
The £180m loan for a new luxury London hotel is one of the few financing deals closed in the sector since the pandemic began.
3 min read · 15 April 2020
Rating agency S&P Global is monitoring sponsors’ performance, but believes transactions are equipped to deal with liquidity stress.
4 min read · 09 April 2020
Commercial tenants have been granted rent holidays as they deal with the impact of covid-19. Now, pressure is mounting for debt providers to grant similar treatment to their borrowers.
3 min read · 09 April 2020
Legal issues finance parties could face during the coronavirus pandemic will most likely be linked to traditional financial covenants, argues one real estate finance lawyer.
4 min read · 08 April 2020
The real estate investment manager has named a new CEO following the close of the merger between Bentall Kennedy and GreenOak last year.
2 min read · 08 April 2020