Interest Rates

Commercial real estate waits to take back control of its destiny

Borrowers and lenders continue to be held back by higher interest rates and a lack of clarity on valuations, notes an advisory executive.

Bank of England adds to concerns regarding commercial real estate risk

The Bank of England has warned global falling property values could lead to losses for creditors, echoing concerns shared by the European Central Bank.

CBRE IM places €750m bond amid ‘strong demand for real estate’

The manager upsized the offering owing to investor demand, as bond market sentiment improves.

MIPIM 2024: Attendees hopeful for rate cuts, expect more NPLs

There was optimism at the Cannes event for more transactions amid predicted falls in interest rates, but several expect distress on European bank loans

Europe’s poor economic outlook intensifies refinancing challenge, warn ULI and PwC

European respondents to a global survey are most fearful about inflation and interest rate volatility in 2024.

Blackstone’s Jay: ‘We think 2024 is a market in which to transact’

The manager has sourced c€26bn of European debt since the start of 2023, and its borrowing specialist is confident about market conditions ahead.

Invesco’s Rose sees a new phase for alternative lending market

The commercial real estate market is operating against a backdrop in which higher interest rates have caused widespread declines in real estate values – and higher loan-to-value ratios.

2023 review: Windows of promise in private real estate lending

Our award winners provide an insight into the key lending trends when the market recovers