Fitch forecasts that in 2002, issuance across Europe will grow to over €25 billion, ($22 billion) and it may even reach the 30bn of issuance completed in the USA in 1996.
Until now, UK assets have dominated the European market, but Fitch expects to see increasing activity from other countries, with Italy, France and Germany expected to become market hotspots.
And Fitch Senior Director Chris Hillard expects to see more standardization emerge in Europe as the market matures. 'There is already a strong call amongst the investment community for a consistent approach to structuring as well as standardisation of reporting and documentation,' he said. 'Efficiency is beginning to improve, which can only be positive for the market as a whole.'
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
