Regulations contained in the new Basel III requirements introduced on 12 September could stifle capacity for new property loans, according to law firm Paul Hastings. Under measures to improve banks' liquidity coverage ratios, Basel III penalizes institutions for securitizing loans, encouraging them to lend through the more secure covered bond market instead.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
