UK banks boost commercial property debt market share

摘要

UK banks and building societies increased their share of the commercial property debt market in the first half of 2016 after several years during which their market share has fallen significantly. They accounted for 44% of new loans compared with 39% in the same period last year, according to the Half Year De Montfort Commercial Property Lending Report, which was published on Monday. As a result, their total lending was down just 2% on last year despite the slowdown in the investment market. German banks were the only group to increase their lending during the first half, helped by their competitive pricing. They offered the lowest average margins on senior loans secured by prime property of 162 basis points (bps), the report said.