Property companies enters new territory as policy turns dovish
In the October issue of CREDI, the Main index increases from 50.8 to 56.3 indicating a substantially improved credit market. Property companies maintain an even stronger view of the credit market while banks improve their view of the future.“This year’s third CREDI survey reflects a substantially improved credit market with improved access to credit, reduced credit margins and extended credit durations. The CREDI Main index is increased due to an uncommonly high perception of the current situation among property companies and a somewhat enhanced outlook in the banks future expectations.