Alternative finance grows by leaps and bounds
Alternative or complementary financing to banking is gaining weight by leaps and bounds in the real estate and developer world. It is growing at a rate of 50%, with a growing entry of new operators to either accompany traditional bank credit in segments where it does not reach, or to cover needs neglected by the banking sector.
Among the most neglected or least covered projects, he detects opportunities in the financing of land, luxury housing, housing renovations for uses other than renting, coliving or coworking projects... or accompanying housing cooperatives, as DEXTER has been doing in a pioneering way in the sector.
As the company's vice-president, Alfonso Merlos, points out, "in some ways Spain has been normalising its situation in recent years in relation to other northern European countries and, of course, to economies such as Germany or the United Kingdom, where the presence of investment funds is unquestionably strong and where the funds themselves are acting as financial partners of entrepreneurs in projects of all kinds, including, of course, real estate".
DEXTER's second executive adds that "alternative financing with private capital is demonstrating its formidable potential to stimulate the real estate market, especially in the early stages of construction, the execution of works".
Alternative financing is growing by leaps and bounds
Alternative or complementary financing to bank financing is gaining weight by leaps and bounds in the real estate and developer world. It is growing at a rate of 50%, with a growing entry of new operators to either accompany traditional bank credit in segments where it does not reach, or to cover needs neglected by the banking sector.
Among the most neglected or least covered projects, he detects opportunities in the financing of land, luxury homes, renovation of homes for uses other than rental, coliving or coworking projects... or to accompany housing cooperatives, as DEXTER has been doing in a pioneering way in the sector.
As the company's vice-president, Alfonso Merlos, points out, "in some way Spain has in recent years been normalising its situation in relation to other northern European countries and, of course, to economies such as Germany or the United Kingdom, where the presence of investment funds is unquestionably strong and where the funds themselves are acting as financial partners of entrepreneurs in projects of all kinds, including, of course, real estate".
DEXTER's second executive adds that "alternative financing with private capital is demonstrating its formidable potential to boost the real estate market, especially in the early stages of construction, the execution of works".
