Tighter credit to weigh on the commercial property recovery

Today’s ECB Bank Lending Survey makes disappointing reading for the commercial property market. The renewed tightening in credit conditions to both households and firms adds to the case for expecting that the euro-zone economic recovery will soon falter. If so, then that will also act to keep occupier demand soft and restrain the pace of the commercial property investment market recovery.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.