Juniorfinansiering i fastighetsbranschen– Fokus kring Mezzanine

Sammanfattning: Real estate financing is one of the key figures for financial success and fundamental to a successful business. Funding will come in several different ways , from existing cashflows and assets to new capital requirements which are aimed at different markets. These markets are constantly changing and since the recent financial crisis , there have been adjustments and austerity measures which led to that the banks have become more restrictive in their lending. The real estate industry is characterized by both long-term and short-term thinking that is characterized by a solid continuity. Our thesis discuss how the demand is in the real estate business and how mature the Swedish market is for junior financing with focus around mezzanine debt and where are we headed in the near future. We've reached out to the key players in the industry on both the buy and sell side of real estate financing but also people between lenders and borrowers that handles transaction advice . To have been able to implement the analysis a survey and simulation of an investment calculation was created . This questionnaire was answered by many real estate companies with senior people that had operational positions most associated with corporate commitments. These companies are active in growth areas and especially in the Stockholm area of commercial real estate. After conducting the study , we have determined that the Swedish market is mature and ready for junior financing and it tends to be a gap between the smaller and the larger real estate companies in terms of demand for mezzanine debt .