Lucy Scott
Speaking at the PERE Network Europe Forum, the CEO and CIO of real estate at the asset management giant said Europe’s debt funding crisis is about to intensify.
CREFC Europe, INREV and the Alternative Credit Council hit back at ECB warnings about risks posed by commercial real estate.
The Bank of England has warned global falling property values could lead to losses for creditors, echoing concerns shared by the European Central Bank.
The vice-president of the European Central Bank says alternative debt providers are of greater concern than traditional lenders.
German lenders including Deutsche Pfandbriefbank are seeing their share prices impacted by US commercial real estate exposure.
The joint venture partners have agreed to a sustainability-linked loan from lenders HSBC and OCBC.
The consultant’s newly launched sustainability index finds industrial properties are less impacted by sustainability than offices and retail.
Only through collective action will urgent change be achieved, delegates at the Urban Land Institute’s Copenhagen conference are told.
More than 60% of respondents to an Urban Land Institute survey said concerns about the risks involved in decarbonizing assets have led to acquisitions not going ahead.
The investment manager believes the impact on returns of energy-efficiency upgrades will be more ‘manageable’ than previously feared.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: