毕马威：2025房地产贷款晴雨表：中东欧银行房地产信贷展望（第16版）（英文版）（56页）.pdf

1、1IntroductionMethodologyMarket OverviewProspectsOpportunitiesQuality of loansESGDigitalization and technologyBarometerConclusionInsights16th edition of survey on banks outlook for real estate lending across CEEProperty Lending Barometer 20252IntroductionMethodologyMarket OverviewProspectsOpportuniti

2、esQuality of loansESGDigitalization and technologyBarometerConclusionInsights16 Years of Insights:Property Lending BarometerAnalyzing real estate financing since 20103IntroductionMethodologyMarket OverviewProspectsOpportunitiesQuality of loansESGDigitalization and technologyBarometerConclusionInsigh

3、tsThis year has been marked by the slow but visible recovery of the real estate financing environment in the Central and Eastern Europe(CEE).Transaction volumes remain below long-term averages,yet we are observing increased activity in selected segments,driven by more realistic pricing,stabilising i

4、nflation and signs of interest rate cuts.Banks are generally open for business,but their appetite is clearly focused on strong business,resilient cash flows and assets that meet current ESG and technical standards.However,CEE region continues to offer attractive relative value,especially compared wi

5、th some more mature Western European markets.At the same time,it would be a mistake to underestimate the challenges.The operating environment is still shaped by risk management rather than risk-taking.Refinancing continues to matter,lender attention remains firmly on cash-flow structure in time.Geop

6、olitical risks,including the ongoing war in Ukraine,tensions in the Middle East and new US-tariffs on EU-export,remain important consideration factors,and political uncertainty in several major economies can influence investor sentiments.As we move through this phase of the cycle,the key theme for b