Lauren Parr
Providers of property debt can benefit from progress in ESG data and benchmarking provision, argues GRESB’s Josien Piek.
Independent debt advisory shops navigate the small- to mid-sized loan market for clients, finds Lauren Parr.
While there are few intermediaries in the space, demand for their services in Europe is growing.
Acquisitions of loan servicing platforms have enabled private equity firms to move into hot new markets on the continent.
How do loan servicers support the real estate finance industry, day-to-day?
With lucrative work-out mandates in short supply, loan servicers are exploring alternative business lines.
Italian non-performing loan portfolios have been sliced up and sold into the asset-backed securities market.
The Spanish non-core loan sales market dominated European activity in 2017, although volumes were concentrated in mega-deals.
Under pressure from the ECB, Greece’s largest lenders are finally bringing loan portfolios to the market.
Loan portfolio sales activity spiked in 2017 but Europe’s non-core real estate debt
pile is still huge.