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Real estate · 2026-02-12 · RVS Investment Institute
Riding the wave up with European levered debt
Why European commercial real estate debt and levered credit still have a cycle left.
European levered debt is a different cycle from U.S. office. Cap rates, bank retrenchment and value-add equity create a credit entry that public HY does not price the same way.
Pair this with the European value-add equity sleeve if the mandate allows both sides of the capital stack.
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For professional and educational use only. This material is not investment advice or a recommendation. Capital is at risk.