06.06.2011 - Europe: High yields tempt investors back into property
Commercial property lending is starting to recover, thanks to support from insurers, pension schemes and asset managers. Around €3.8bn in mezzanine finance for Europe is being raised, according to real estate adviser CB Richard Ellis, with buyside investors contributing 87% of the total. Adviser DTZ says non-bank lenders would advance a total of €60bn, including senior loans, over three years..............................................Full Article: Source
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