Executive Education Programme

 

CREFC Europe is the trade body for the Real Estate Lending Industry. We organise high quality training courses with leading industry professionals at highly competitive rates.

The next edition of our three day executive training course will run at the beginning of July with a first class cross-disciplinary faculty and an increased workshop-style component.  This is highly recommended for less experienced members of lending teams as well as loan asset managers, debt, legal and other advisory roles and treasury and CFO staff from real estate firms, regardless of level of experience – both for the content and the knowledge-sharing and networking opportunities it offers.

Programme and registration details can be seen here.

GDPR

In line with new European Union data protection rules brought in by the General Data Protection Regulation (GDPR), we have updated our Privacy Notice. These changes include explaining to you in more detail how we use your information, including your choices, rights, and controls.

 

Vision report on long-term value methodologies

 

The next substantial output building on the 2014 report, A Vision for Real Estate Finance in the UK, is published this week, a decade after the last property cycle peaked at the end of Q2 2007. The new report sets out the results of research into the effectiveness of three alternative methodologies for determining a long-term property value metric that lenders might use to help manage cycle risk.  CREFC Europe has been closely involved in this work, which has been conducted with the support and encouragement of the Bank of England, and we have co-sponsored publication of this report.

 

The expectation is that the eventual conclusions of this work will feed not only into lender risk management practices, but also into the regulatory framework for protecting financial stability and ensuring that underwriting standards are maintained in the exuberant phase of the property cycle.  Please read the report and provide feedback to Peter by 15 September, if you would like your views to be heard regarding where we go from here.

 

CREFC Europe Press Release

The commercial real estate finance industry will consider the implications of the Tories, Trump and the French election results along with a range of other topics next week at the CREFC Europe spring conference.

Read the full Press Release here 

Discounted Price – Limited number of Commercial Mortgage Loans and CMBS books for sale

A new edition of Commercial Mortgage Loans and CMBS was launched at CREFC Europe’s Autumn Conference. The book, titled ‘Developments in the European market’ is an essential guide to those in the CRE and CMBS industry.

It gives detailed coverage of existing CRE lending and CMBS markets post-financial crisis and Brexit, the legal and regulatory environment and the restructuring of existing deals and transactions.

We have a limited number of copies available to purchase at a discounted price of £75 (RRP £195). Please contact Rachel here if you would like to purchase a copy.

View the highlights from our Autumn Conference 2016

The largest CRE debt Conference in Europe attracted over 400+ delegates over two days and provided a platform for commercial real estate (CRE) finance market participants to come together to learn about and discuss the latest trends and challenges facing the industry.

You can view the highlights from our Autumn Conference here 

CRE Debt in the European Economy 2016

CRE Debt in the European Economy 2016

Since the global financial crisis, there has been an understandable focus in Europe and beyond on the risks that CRE debt can present for financial stability.  Indeed, CREFC Europe has supported initiatives such as A Vision for Real Estate Finance in the UK that seeks to help policymakers approach our sector in a more strategic, holistic and informed way.

What has been missing is a broader recognition that debt has a vitally important role to play in supporting investment in the real economy and the built environment.  Without a sensible supply of reasonably priced credit for the CRE industry, Europe’s towns and cities would be unrecognisable, and the availability and cost of premises would be much higher for ordinary businesses.  In recent years, we have also seen an explosion of interest in CRE debt as an investable asset class in its own right, albeit one with low levels of transparency outside the traditional, but much diminished, CMBS space.
Alongside three other industry organisations, the APL, INREV and ZIA, we have commissioned a major research report that seeks, for the first time, to describe the role that debt plays in the European CRE economy and for investors.  We aim to use it to educate European policymakers and others about our sector, and encourage our members to make use of it too.