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Commercial Real Estate: Europe: Difference between revisions
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== Rates == | |||
Oxford Economist predict additional property value declines in 2023:<ref>https://realassets.ipe.com/news/oxford-economics-downgrades-real-estate-forecasts-amid-banking-turmoil/10065752.article</ref> | |||
* The economic consultancy now expects capital values across commercial real estate sectors in Europe to fall by 10% in 2023 – after an 11% correction in the UK and 3% correction in continental Europe last year. | |||
* Sharper decline for continental Europe than the one experienced during the global financial crisis | |||
== Vacancy Rates == | |||
https://www.savills.com/research_articles/255800/340337-0#:~:text=Vacancy%20rate%20nudges%20up%20to%208%25,-Rental%20growth%20still&text=Vacancy%20rates%20increased%20by%20an,220%20bps%20to%207.8%25). | |||
== Financing Rates == | |||
https://www.bayes.city.ac.uk/news-and-events/news/2023/march/new-bayes-european-lending-report-finds-that-borrowers-are-paying-up-to-6-all-in-interest-for-loans-on-prime-european-properties | |||
== Loans Performance == | == Loans Performance == | ||
https://www.bayes.city.ac.uk/__data/assets/pdf_file/0005/725585/Eurpean-CRE-Lending-Report-YE2022.pdf | |||
https://www.scopegroup.com/dam/jcr:e375322a-3fdf-4cbf-8e65-8a39cdd10763/Scope%20Ratings%20-%20European%20CMBS%20under%20pressure%20Mar%2021%202023.pdf | |||
https://www.trepp.com/trepptalk/european-cmbs-refinancing-risk-in-the-market | |||
https://www.costar.com/article/656826657/blackstone-rattles-market-with-first-european-cmbs-default | |||
https://www.bloomberg.com/news/articles/2023-01-31/european-real-estate-has-a-55-billion-credit-problem-as-values-fall | |||
https://www.reuters.com/business/finance/europes-banks-better-place-than-us-terms-commercial-property-risk-jpmorgan-2023-03-28/ | |||
https://dkf1ato8y5dsg.cloudfront.net/uploads/52/504/outlook-cmbs-emea-2023-outlook-highe-28nov2022.pdf | |||
https://www.realestate.bnpparibas.com/europe-cre-360-report-february-2023 | |||
https://www.spglobal.com/_assets/documents/ratings/research/101571320.pdf | |||
https://www.bloomberg.com/news/articles/2023-01-23/europe-is-bracing-for-a-sharp-and-abrupt-real-estate-reversal | |||
== References == | == References == | ||