Spread your debts
Neil-Gallacher, Ettie
Spread your debts - 2005 - Property Week 70(46)18 November 2005, 68-69(2) .
Reports on the emerging trend for securitisation that is creating a challenging new market for commercial property valuers. Financial institutions involve valuers in the securitisation process because they need valuations of the properties against which the bonds involved are being issued. Securitisation is competing with straightforward bank loans as the typical means of financing a transaction but is only cost-effective with large transactions of £200m or more. It is now a commonplace financing technique in the US and Europe.
Spread your debts - 2005 - Property Week 70(46)18 November 2005, 68-69(2) .
Reports on the emerging trend for securitisation that is creating a challenging new market for commercial property valuers. Financial institutions involve valuers in the securitisation process because they need valuations of the properties against which the bonds involved are being issued. Securitisation is competing with straightforward bank loans as the typical means of financing a transaction but is only cost-effective with large transactions of £200m or more. It is now a commonplace financing technique in the US and Europe.