Asset allocators lean into real estate debt, shrug off bank shockwaves

Despite continued monetary tightening in the US - and a banking crisis that has seen SVB collapse in the US and Credit Suisse acquired by UBS - advisers in Asia say demand for real estate debt remains resilient. Jyrki Rauhio, regional head of credit advisory, Asia Pacific, at HSBC Global Private Banking said he was seeing growing requests for real estate financings in both the residential real estate and commercial real estate sectors. “Activity has picked up in all major market…