31.01.2012 - Europe: Troubled banks hold key to uncertain property market PwC/ULI
The increased presence of new lenders will have no significant impact on "near paralysed" European property markets in the short term, according to the latest 'Emerging Trends' report from PwC/ULI. Mezzanine lenders will depend on senior debt in the market, and insurance companies such as Aviva and AXA, currently boosting their lending activity in European markets will take time to build appropriate capital-deploying infrastructures...............................................Full Article: Source
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