Analysis and synthesis (Analyses et synthèses) no. 51: French banks’ lending to the professional real estate sector in 2014
Against the backdrop of generally buoyant European commercial real estate markets and overall moderate price increases, new lending by French banks to the professional real estate sector rose by 8% in 2014. While France continues to account for over 70% of new loans, its share contracted for the third consecutive year, due to the much stronger lending growth in other countries (+28.1%), in particular in the United States and in Asia, than in France (+2%). While some of the growth observed outside the euro area can be attributed to exchange rate effects (appreciation of sterling and the US dollar), volumes also rose sharply.
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- Published on 07/20/2015
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Updated on: 03/19/2019 15:48