"The big change we are seeing as financial managers and intermediaries is 'cultural'.
It is a phenomenon that has made its way into the real estate sector by leaps and bounds. Real estate financing with private capital has become a financing instrument, it has been able to coexist with traditional banking and its future is promising for 2023, with a presumably very marked upward trend.
In the aftermath of the pandemic, over the last two years, many companies in the real estate sector (but not only) have been forced to apply for aid, to renegotiate the conditions of their debt and many of the projects underway have not seen the light of day due to uncertainty and lack of capital.
KPMG expects alternative financing in the real estate sector to reach a market share of 50% by 2025, bringing it in line with other EU countries, where banks and investment funds coexist in a more balanced way. Until now, there has been a heavy reliance on traditional banks to raise capital and access to alternative financing has been around 17%. Today, we are step by step on the way to the figures of Germany or the United Kingdom.
In this sense, Yeidy Ramirez, CEO of DEXTER points out that "The big change we are perceiving as financial managers and intermediaries is, I would say, 'cultural': alternative financing used to be a sort of last resort for many entrepreneurs. Today it is one more tool that they contemplate from minute one of their financial schemes".he concluded.
