The UK and Continental European markets are still suffering from a lack of funding for non-core assets, with a funding gap estimated to amount to EUR 35 bn this year, Natale Giostra, head of CBRE's UK & EMEA Debt Advisory team, said during EXPO REAL in Munich. ‘Bridging the funding gap: that is the main topic in the credit markets at the moment. We estimate the lending gap to be around EUR 35 bn at present, of which as much as EUR 20 bn in the UK,’ Giostra said.
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