“We have seen a lot of clients saying, ‘Where should I invest if I want to be in the debt market?’” said Luigi Pigorini, region head for Europe, the Middle East and Africa at Citigroup Inc’s private bank.
LONDON: Michel Andre Heller is looking to lend when credit is tight.
The London-based real estate adviser to a billionaire family from the Middle East is lining up deals of as much as £5mil for UK residential developments and more than double that amount alongside other investors for bigger properties, such as hotels or offices.
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