Catella: Future still bright
In the June 2014 issue of Catella’s Real Estate Debt indicator (CREDI) the main index continues to signal an improving real estate credit market despite a 1.4 point drop to 66.3. A majority of lenders and borrowers polled think that the access to financing has improved in the past three months and expect that it will continue to improve in the coming three months.The Main index remains comfortably within the zone between 50 and 100 that indicates a further relaxation of loan terms and improved access to financing. However, the Current Situation index recorded its first negative q/q change