Private credit collapse cripples developers

The private credit market, which has grown to around $200 billion in assets, has become a key lender to developers as traditional banks pull back from construction lending due to tightening risk appetites. However, the recent collapse of property developer Bathla Group has thrown the sector into disarray, and “the golden age of private credit The post Private credit collapse cripples developers…

macrobusiness.com.au ·2h ago

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