THE PROPERTY SECURITIZATION market has grown rapidly across Europe in the past few years. A sector that is long established in the US – worth slightly more than $200 billion a year – is now prominent in western Europe. And as consumer credit and commercial property development expands in central and eastern European countries, Poland is at the forefront of a potential new growth area. So far, though, specifically property-based securitizations have not been a feature of the country’s financial landscape.
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