German Listed Real Estate: Finally Grown Up

The listed Real Estate sector has deleveraged since 2009. But: LTV is still strongly above EU average of 38%. Wide range of capital markets instruments used Capital Markets Funding Currently Dominated by Equity. Reduced significance of CMBS. Capital Markets play an increasingly important role as capital Providers; but: Capital markets funding still below 2006 peak. … Continued

INREV, CREFC Europe, ZIA: The Contribution of Real Estate Debt

The Contribution of Real Estate Debt to the Real Economy Upcoming research in Q4/2015: The aims of the project are to explain and explore the role of the commercial real estate debt market for the European economy and for investors, and to analyse how its size and structure affect financial system resilience. The study also … Continued