Institutional investors eye property debt as banks pull back

Recent bank collapses have increased both the risks and the returns available from real estate debt investing. Trevor Castledine, a managing director of the private markets team at Bfinance in London, more than half of whose institutional clients are from Asia, said that terms for institutional investors will improve if banks withdraw from the sector. “It’s a great opportunity for private credit lenders targeting better quality properties that have been conservatively valued. Fo…