Europe struggles despite positive trends
The debt funding gap continues to be the biggest challenge to many international property markets. It reflects the difference between the existing debt balance as it matures over time and the debt available to replace it. In this report, available from our website , we update our previous analysis, highlighting the debt funding gap and how this has changed from our previous report. We compare the funding gap to available equity and the solutions used by both lenders and investors as well as seeking to quantify how the funding gap can be further reduced. We conclude by outlining the opportunities and risks for the market.