All this contributes to limited availability, quality and comparability of data on CRE financing and markets. (slide) This workshop aims at the importance of CRE underwriting and its role in financial stability. There are numerous aspects and implications to discuss over the next few hours. And hopefully, there are first conclusions being drawn and questions being answered.
For example: In what way may CRE cycles and potential asset price bubbles affect CRE underwriting and financial stability? To what extent would the deterioration of CRE-related asset quality and values affect banks’ balance sheets? Does banks’ forbearance play an important role? What would be the effect of further loan losses and break away of profits, which relate to CRE lending?