A survey of banks on the prospects for real estate sector lending in Europe
The latest 9th annual edition of the publication by KPMG's Real Estate practice measures the sentiment for bank financing in the real estate sector across Europe. The responses were compiled from nearly 70 banks in 14 countries across Europe: Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Hungary, Ireland, Netherlands, Poland, Romania, Serbia, Slovakia, Slovenia and Sweden.
In addition to offering market-specific country profiles that include insight and analysis from KPMG specialists across the continent, Property Lending Barometer 2018 reviews the range of existing lending parameters for financing new real estate projects, including the banks’ asset class preferences, criteria for financing and the differences between new development and income-generating properties, among others.
In terms of the CEE / Other European markets’ comparison, KPMG’s Barometer also reveals how banks view other potential lenders as competition. For those bank representatives surveyed in Central & Eastern Europe, non-local commercial banks appear to exert the highest level of competition, while insurers/pension funds appear to be the up-and-coming challengers for banks in Other European markets included in the KPMG survey.