Interest Rates

Branicks asks creditors to defer payment on €425m of debt

The German listed company is seeking to secure new terms on a bridging facility and bond debt maturing in 2024.

ECB: Lending conditions to become tighter for real estate borrowers

Refinancing risk will drive a further tightening of credit conditions, according to the central bank.

Do not expect sharp fall in debt costs, experts warn

Expectations of 2024 rate cuts are already factored into base lending rates, according to market watchers.

Lenders expected to have limited appetite for German real estate, Berlin Hyp finds

Finance will remain scarce for the next two years, while buyers and sellers disagree on values, according to the bank’s latest sentiment survey.

DBRS warns on Citypoint outlook after Brookfield secures loan extension

The ratings agency is reviewing its ratings of a £367m commercial mortgage-backed securitisation secured by the City of London tower.

LOOK AHEAD 2024: Mount Street’s Serenity Morley on lender and borrower negotiations

The loan servicing specialist expects collaborative discussions to continue, but fewer loan extensions to be agreed.

Borrowers and lenders will begin to accept a new norm in 2024

A belief that more stable macroeconomic conditions are ahead is encouraging market participants to resolve situations of stress, and tackle refinancing needs.

CREFC sentiment survey: Real estate debt industry mood lifts but concerns persist

The industry is responding to central bank signs that there may not be many more interest rate hikes, says David Dahan of CREFC Europe.