The European Central Bank’s larger-than-anticipated €1.1 trillion bond-building programme over the next 18 months will trigger second order effects in Europe’s commercial property debt and equity markets. ECB president Mario Draghi’s announcement yesterday surprised the market on the scale of … Continue reading
Primary issuance of new European CMBS transaction is forecast to more than double on 2014’s disappointing €3.5bn in annual volumes, although the annual forecasts so far published fall short of 2013’s revival year. CoStar News has collated four annual European … Continue reading
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The European Central Bank’s Asset Quality Review (AQRs) has identified a further €52.8bn in real estate non-performing loans (NPL) among the 130 participating banks, taking the total real estate NPLs as of the end of 2013 to €371.1bn. As part … Continue reading
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European commercial property has improved in relative value over the last three months, driven by falls in bond yields in the wake of the European Central Bank’s confirmation that support will be extended to bond markets of troubled economies. DTZ … Continue reading