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Real estate firms look to alternative finance as banks pull out of sector

Posted on 07 March 2012

The arrival of senior debt funds could provide welcome new sources of liquidity in the European property market as the banks continue to reduce their exposure to real estate lending, new research shows.
Cushman & Wakefield’s latest European real estate lending survey found that just 36 out of the 78 leading global real estate finance providers interviewed said they would be willing to lend to new customers, while a further nine would only lend to existing clients………………………………………..Full Article: Source

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