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UK commercial property debt deals reach seven-year high
THE COMMERCIAL property debt market bounced back in the past six months, according to research out yesterday, revealing the biggest rise in demand for debt finance in seven years.
According to data from Laxfield Capital, the UK commercial mortgage investment firm, total loan requests were 27 per cent higher than in the previous six-month period, in a sign of returning business confidence.
The average deal size also rose, with 51 requests for loans in excess of £100m compared to 42 last time.
Laxfield’s Emma Huepfl said the findings signalled a “turning point in the market”.
Hotels and student housing were among the categories that saw the biggest rise in demand for finance.