Catella: “Is winter coming?”
In December’s Catella Real Estate Debt Indicator (CREDI), the Main index fell by 12.7 points to 43.9. Both the sub-index for the Current situation and the Expectation sub-index fell sharply, showing that the surveyed banks and property owners in Sweden have encountered tougher financing conditions, and anticipate tougher conditions in the property market also for the coming three-month period.“Since the summer, the capital markets have been more troubled, and we have seen fewer issues of shares and bonds than in the first half of the year. Compared to the volatile capital markets, access to