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Real Estate Briefing - Categorized | Europe, Market Moves more

Europe: Bigger property deals to make a comeback

Posted on 17 January 2013

The market for bigger deals in European property should come back to life this year, as banks sell holdings to reduce their debt loads and companies seek to become more efficient. But financing remains tight, while deals are becoming increasingly complicated and take longer to close.
Since the onset of the financial crisis, companies have been using income to cover higher interest payments caused by refinancing, or to fund operations. That has left little with which to buy other property companies………………………………………..Full Article: Source


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