09:00am, Wednesday, 30 November 2011, Mayfair Conference Centre, London
Randeesh Sandhu of Urban Exposure will be speaking at an event organised by Henry Stewart tomorrow. “Raising and Structuring Property Finance” will be held at the Mayfair Conference Centre, and take a comprehensive look into the state of the current financing market, covering topics such as;
- Sources, purposes, criteria, amounts and terms
- Funding for investment, development and trading
- Financing commercial owner occupation
- Utilising Finance Brokers – who, why and how
- Accessing bridging finance
- Refinancing existing funding
- Securing joint venture and mezzanine finance
- Hedging for risk reduction
Randeesh will be speaking on the topic of “Finance for Residential and Commercial development”. Randeesh commented, “The continued global and domestic economic crisis has prolonged uncertainty in financing markets, in addition new regulation has impacted banks’ ability to lend. Developers looking for finance in today’s market face fewer lenders actively lending and increased pricing – making it difficult to find and undertake developments that are economically attractive. A reduction in loan-to-cost ratios means developers have to find significantly more capital to contribute than before the crisis.” Randeesh continued, “Lenders have shifted focus in terms of sectors, regions, property category and borrower type. Lending criteria is more stringent, with increased security and guarantees required from borrowers. This has resulted in developments being delayed and/or alternative sources of finance being sought. Only developers who come up with creative solutions to sourcing liquidity will survive and succeed”.
Randeesh will take delegates through the latest trends in commercial and residential development finance and his predictions for the future. He will provide details of who is lending and on what terms – banks, institutions and other private sector sources.
Randeesh will be joined by a panel of market experts including, Peter Stoughton-Harris, Managing Director, European Valuations, DTZ, Philip Johnston, Joint Head of Hotels Division, Savills Commercial Limited, Will Tilbury, Relationship Director, Real Estate London and the South East, Santander, and Robin Hubbard, Executive Director, CBRE.
Tickets are still available, for further details and a full programme click on the following links;