In his latest guest article for the private banking magazin, our CIO, Patrick Züchner, analyzes the challenges facing real estate companies and explains why alternative sources of capital, such as Real Estate Debt Funds, are becoming increasingly important.
2026 is set to become a pivotal year for the European real estate market: approximately €100 billion of commercial real estate loans will require refinancing, while banks are becoming significantly more restrictive in their lending activities.
The article covers, among other topics:
- The changing role of banks in real estate financing
- Increasing requirements regarding capital structures and collateral
- Why 2026 could become the ultimate stress test for many property owners
- The opportunities emerging for alternative lenders in a transformed market environment
An insightful perspective on how real estate financing is evolving and where investors may find attractive opportunities in the current market landscape.
Read the full article here:
https://www.private-banking-magazin.de/patrick-zuechner-von-aukera-real-estate-refinanzierungsjahr-2026-100/