Real estate managers are preparing for a drop in property deals but believe alternative lenders will remain an important source of funding, BrickVest claims.
The property investment platform surveyed the institutional sponsors it uses to help source projects and found 60 per cent are expecting volumes to decrease, 28 per cent expect an increase and 12 per cent expect it to remain steady.
The majority, 96 per cent, predict lending from alternative lenders or debt funds will become an integral part of future financing structures and most projects are expected to be in Europe followed by the US.
Asked about property prices, respondents predicted that values would increase in the data and logistics sectors but would drop in offices, residential, retail and hospitality.
BrickVest was founded in 2014 and its regulated subsidiaries have connected investors with debt and equity property opportunities across Europe.
It was bought out of administration by German property investment manager Patrizia in February.
As a result of the acquisition, the value of which was not disclosed, BrickVest now has access to Patrizia’s global network including more than 350 institutional investors and industry partners and more than 200 banks and financial institutions.