Sentiment Among Analysts Continues to Brighten: FAP Barometer Registers Enhanced Conditions without Getting Exuberant
BERLIN, July 29, 2013 /PRNewswire/ --
Current summer temperatures in Germany are definitely running higher than the sentiment among the country's financing experts. Rather, real estate funding sector is keeping its cool, though in a positive sense of the word. Quarter on quarter, the FAP Barometer perked up slightly from +0.15 to +0.89 Barometer points. "Whether the sentiment will linger on the currently positive level or whether the spell will finally lift to bring financing back up to speed remains to be seen," said Curth-C. Flatow, founder and Managing Partner of FAP.
At present, the terms of financing are rated as noticeably more progressive by the respondents. More than 28 percent of the experts felt that the parameters have improved in the third quarter of 2013, an improvement from the 22-percent score of Q2. The picture is complemented by a share of just 2.2 percent who rate the status quo as restrictive, whereas 11.8 percent of the respondents thought that way during the second quarter. 69.6 percent of the respondents, and thus still the clear majority, consider the situation stable. This is up from 66.7 percent who thought so in Q2.
Lenders kept favouring time-proven real estate products during the third quarter. As far as types of use go, the focus was on office, both existing properties and project developments. Next in line were residential assets, shopping centres and other retail real estate, logistics properties and (showing the fastest growth) micro-apartments and student apartments.
The Q3 2013 Quarterly Report for the FAP Barometer including press release and charts is available as download at: http://www.fap-finance.com/de/barometer.aspx
Press Contact
Tobias Frank
FLASKAMP UMMEN AG
Tel.: +49-30-46006-142
E-mail: pr@fap-finance.com
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