Catella: How smaller players can survive
THE REAL ESTATE market is changing rapidly. Ownership of property is shifting from the users of the property to investors thanks to a wide range of financial reforms. Unsurprisingly, the banking world is also reconfiguring itself to come to terms with these changes. Euromoney’s real estate survey confirms that many of the top players in investment banking are also active in commercial banking – a substantial change from the past.
In property, the relationship between clients and commercial banks was traditionally straightforward.
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