A combination of Covid-19 related capital value declines and more conservative lending will lead to refinancing problems in the coming years, despite moderate pre Covid-19 loan-to-value (LTV) levels compared to the global financial crisis (GFC), according to a new research report published by AEW together with Cass Business School.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
