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November 24, 2024
PI Global Investments
Real Estate

Europe’s Banks in Focus as Real Estate Contagion Worries Swirl


Europe’s lenders remained in the focus of investors Thursday as analysts assessed the risk of contagion from the troubles in commercial real estate markets.

Deutsche Bank AG has limited room to absorb potential losses for the asset class without triggering concerns about its ability to raise investor payouts, analysts at KBW wrote in a note. Deutsche Pfandbriefbank AG, the specialized lender at the center of contagion worries, continued its decline as analysts at Barclays Plc argued PBB had set aside relatively small provisions.



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