Latest / The European Economy Podcast with Fexingo: ECB, Eurozone, and Continental Markets
Why Eurozone Office Debt Is Hiding in Plain Sight
In this episode of The European Economy Podcast, Lucas and Luna explore a surprising pocket of risk in Eurozone commercial real estate: the office segment. While headlines focus on US office distress, European banks hold roughly 800 billion euros in office loans, much of it at low fixed rates that mask true stress. With the ECB’s upcoming stress tests and a potential wave of refinancings in 2027, we drill into the specific data—like Germany's 12 percent vacancy rate in secondary cities and the growing gap between prime and secondary assets. We also touch on how the strong euro (around…
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