LTVs on London offices up as UK cost of debt rises

CBRE map

Loan to value ratios (LTV) of senior debt on city offices in London has risen to 60% in Q2 2018 from 55% in the same period last year, according to CBRE’s European debt map.

The United Kingdom was one of seven countries across the continent to see LTV levels rise on capital city offices, including Italy, Austria and Sweden, while ratios remained flat in eight countries and fell in five.

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