22 September 2016, Sweden | Corporate Finance | News
In the September edition of the Swedish "Catella Real Estate Debt Indicator", the property sector does not appear to have suffered from the Brexit vote.
Property sector benefits from Brexit-effect
In the September edition of the Swedish "Catella Real Estate Debt Indicator", the property sector does not appear to have suffered from the Brexit vote. The property companies' loan-to-value has increased while their average interest rate has fallen, and listed property companies have outperformed the stock market. However, although the CREDI Main index increased from 41.0 to 42.5, the property debt financing market is still in contraction.
