UK banks keen to lend despite Iran war uncertainty
Despite the uncertainty from the Iran war, banks are still willing to lend to commercial property. A sizeable share plan on loosening credit conditions further in Q2, supported by a positive view on commercial property prices. While we think investor caution will keep commercial property investment subdued over the first half of the year, with banks not slamming on the brakes we doubt the war will have a significant adverse impact on commercial property returns.
We are hosting a special global commercial property drop-in next Wednesday 15th April discussing our latest commercial property forecasts in light of the Iran war and answering your questions across the UK, euro-zone and US. (Register here.)
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