A historic opportunity for European real estate debt

Alternative lenders are strongly positioned to make up the continent’s funding shortfall. But raising capital is a major issue, say participants in PERE’s roundtable discussion, as Stuart Watson reports

As the participants meet in late March for PERE’s European debt roundtable, finance is making headlines around the world, and not just on the business pages. A little more than two weeks earlier, the news of tech lender Silicon Valley Bank’s collapse triggered a minor banking crisis. Another US lender, Signature Bank, also folded soon after, forcing regulators to step in to calm the sector. Nonetheless, contagion subsequently spread to Europe, where UBS stepped in to take over stricken fellow Swiss bank Credit Suisse, and a sell-off of shares caused jitters about the future of Germany’s Deutsche Bank.