European Central Bank - eurosystem
European Central Bank - eurosystem
Search
Opzioni di ricerca
Home Media Facciamo chiarezza Studi e pubblicazioni Statistiche Politica monetaria L’euro Pagamenti e mercati Lavorare in BCE
Suggerimenti
Ordina per
Non disponibile in italiano

Pablo Gonzalez Dominguez

24 May 2018
FINANCIAL STABILITY REVIEW - BOX
Listed commercial real estate companies and real estate investment trusts: trends and implications for financial stability
Financial Stability Review Issue 1, 2018
English
Details
Abstract
Assessing the dynamics of the euro area commercial real estate (CRE) sector during the current cyclical upturn remains important for identifying potential financial stability risks. The downturn in CRE markets played a significant role in the last financial crisis in many countries and contributed to the increase in the non-performing exposures of the banking sector. As part of this assessment, this box analyses the growing importance of listed CRE companies, and a sub-set thereof known as real estate investment trusts (REITs), in the euro area.