Deleveraging through asset sales is 'essential' says credit rating agency; expect more distress sales of older, non ESG compliant stock

Europe’s real estate groups faced a 40% rise in aggregate bond refinancing from €32 bn next year to €45 bn in 2026

Scope Group, an independent ratings agency, has warned that European real estate companies face a jump in bond refinancing, and that deleveraging through asset sales is essential for most issuers to meet creditors’ expectations of de-risked balance sheets.

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