The debt funding gap for commercial real estate in Europe is set to increase by up to 50% by 2014, or a total of $249bn (EUR 188.2 bn), as new regulations force European banks to deleverage, DTZ claims in its newly published Global Outlook for 2012.
The debt funding gap for commercial real estate in Europe is set to increase by up to 50% by 2014, or a total of $249bn (EUR 188.2 bn), as new regulations force European banks to deleverage, DTZ claims in its newly published Global Outlook for 2012.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).