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‘Banks are still open for business but more cautious’

Holger Schmalfuß, Senior Originator International Investors, Berlin Hyp AG

Holger Schmalfuß, Senior Originator International Investors, Berlin Hyp AG, tells The Real Estate Day that financing costs have increased and the syndication market is very quiet, but it is still possible to get financing for assets classes that are less affected by the crisis, like residential and long-let offices, while it’s harder for development and even more difficult for operational assets like hotels and retail


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