European CRE lenders facing €14.5 billion losses as defaults set to rise
Europe: Real estate investment manager AEW is forecasting a default rate of 7.5 per cent across loans originated between 2018 and 2021.
Europe: Real estate investment manager AEW is forecasting a default rate of 7.5 per cent across loans originated between 2018 and 2021.
Worldwide: IHM’s editorial team [George Sell, editor-in-chief; Paul Stevens, editor – short-term rentals; and Eloise Hanson [editor – hospitality] provide a glimpse into what to expect for the travel, hospitality and real estate sectors in 2024 in our annual A-Z article.
Worldwide: Property technology solution providers Reapit and PayProp are joining forces to deliver greater value and innovation to real estate and letting agents around the world.
UK: Privately-owned real estate manager Redevco has announced a number of promotions and hires across its business, including the promotion of Chris Baker to UK portfolio director effective from 1 September 2023.
Worldwide: Drawing from the coverage provided by four sector-leading b2b websites, the editorial team at International Hospitality Media [IHM] highlight 25 influential leaders across travel, hospitality and real estate who they believe have a big 12 months ahead of them.
After a topsy-turvy 2022, here are the major hospitality and real estate trends we expect to see in the year ahead, some more unexpected than others. IHM’s editorial team (George Sell – editor-in-chief at IHM, Paul Stevens – editor of ShortTermRentalz, and Eloise Hanson – editor of Boutique Hotel News) – reports.
UK: Jacob Rees-Mogg, minister for Brexit opportunities and government efficiency, has revealed plans to sell £1.5 billion worth of government premises in central London.