CEE Property Lending Barometer 2010 is an essential read for those interested in the prospects for bank financing in the real estate sector in the Central & Eastern European region (CEE). Companies and stakeholders in this sector have been under extreme pressure in the global economic crisis, and the financing of CEE real estate remains unclear. There has been a large reduction in transactions, and the performance of real estate varies greatly across countries and asset classes. Bank financing can play a vital role in the recovery and the development of the sector in the region. As a result, the lending sentiment for real estate projects is without a doubt remaining a crucial issue for developers, investors, banks and a range of other stakeholders alike.
The report - which has been prepared with the input from over 50 banks active in real estate financing - offers essential insights into the following aspects of real estate lending in CEE:
· The current state and banks’ future expectations for impaired real estate loans
· The overall prospect of the banks’ real estate portfolios
· Assessment of the banks’ openness to finance real estate projects
Opportunities for financing new real estate projects
Across KPMG’s network in the Central & Eastern European region we have extensive business experience in providing financial and real estate advisory services and we have a commitment to continue our leadership in this space.