29.06.2012 - Europe on edge of property financing evolution: Henderson
Europe's real estate financing system has begun the slow evolution towards a more diverse model now that the Continent's banks are no longer in a position to lend at traditional levels, according to John Feeney, head of commercial real estate debt at Henderson Global Investors. Real estate loan pricing is highly unpredictable in the ongoing financial crisis and lenders are coming in and out of market from month to month, leaving the EUR 2.5 tln European property lending market in a very poor place, Feeney told a Henderson event in Amsterdam recently...............................................Full Article: Source
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