Savills today named the UK commercial property market’s 23 top lenders for H209. The list has almost doubled since March 2009 and German banks continue to dominate, accounting for nearly half.
Savills today named the UK commercial property market’s 23 top lenders for H209. The list has almost doubled since March 2009 and German banks continue to dominate, accounting for nearly half.
The international real estate advisor’s list, taken from a database of over 100 lenders, indicates the property lending market is opening up to increased activity following a low point in the first half of this year.
Savills found 22 lenders willing to lend at above only £10 mln (EUR 10.9 mln). All have been active in the past, but Savills said the rise to above £20 mln (EUR 22 mln) is 'significant' and due to the restabilisation of the finance markets.
Only five assets traded at above £200 mln (EUR 217.8 mln) and four had debt attached to them.
