Relationships count for investors

European CMBS forced to the brink

European CMBS forced to the brink

 Rebecca Worthington, finance director at property investment and development company Quintain

“We’ve not negotiated costs down when we had the opportunity because we want flexibility in our funding”
Rebecca Worthington, Quintain

The switch in focus from the commercial mortgage-backed securities (CMBS) market to bank debt has brought to prominence a number of investors seeking to take advantage of opportunities in the commercial real estate market. “These funds have solid relationships with banks and a good track record,” says Tim Crossley-Smith, head of valuation at property consultants GVA Grimley in London.

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