Commercial real estate lending hits ten year low
Workplace Insight
MAY 3, 2024
The respected Commercial Real Estate report reveals new lending reached £32 billion – its lowest level since 2013, while total outstanding debt is at its lowest level since 2017, standing at £170 billion in 2023. billion – with just over half (52 per cent) going to residential development financing. New development lending totalled £5.8
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