• Bank lending for real estate in Asia Pacific has slowed in recent years, which has had a direct knock-on effect on the regional real estate investment market.
• The tighter lending environment is encouraging borrowers to look for alternative funding sources. Some borrowers are shifting to the public debt market but this can only mainly be accessed by large listed property groups with a credit rating.
• Borrowers who cannot access the public market are being forced to seek funding from other private channels. This is attracting more market players to participate in real estate lending including institutional investors providing long term senior lending and private equity real estate funds offering structured debt financing.
• This CBRE Research Special Report provides an overview of the Asia Pacific real estate debt market and identifies opportunities for investors.
