The European real estate debt funding gap (DFG) grew to €51 bn in the final quarter of 2022, due to a combination of capital value decreases which have resulted in higher loan to values (LTV) and higher interest rates pushing down interest coverage ratios (ICR), according to AEW’s latest European lending report.
Real estate investor, developer and asset manager, Firethorn Trust has appointed Charlie Ingham as director of Firethorn Investment Management, its third-party investment, development and asset management services offering.
