Despite the shock caused by the pandemic on the European real estate market, Europe is still better than other regions. The relatively moderate market decline in the first half of 2020 compared to the same period of the previous year is the result of several large deals that were concluded. In Serbia, more than a third of banks are still focused on financing this sector, 40% of them have increased real estate financing, while others have reduced these activities, shows the latest KPMG research on real estate lending prospects in Europe.
Article author:
Sanja Kočović
Director – Financial Institutions and Services Department
KPMG Belgrade
Europe Still Ahead of Other Regions
Article reprinted from the magazine "Business and Finance" – FINANCE TOP 2019/2020, November 2020 edition.