The industrial / logistics asset class is currently the most attractive for most Central and Eastern European (EEC) banks in the context of the COVID-19 pandemic, according to the latest edition of the KPMG Property Lending Barometer (”KPMG’s Property Lending Barometer”- PLB), an annual study that seeks to quantify banks' views on lending to European real estate markets. This preference is in contrast to most pre-COVID banking financing in Europe, which has usually focused on the office building segment.
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