Private Credit Lenders Chase Growth in Australia Real Estate.

Private credit lenders, such as MaxCap Group and Pallas Capital, are increasingly focusing on lending to Australia's commercial real estate sector as traditional banks reduce their exposure due to stricter capital regulations. This shift has allowed non-bank lenders to double their asset size in the last three years. Global investors, like Warburg Pincus and PGIM, are also entering the Australian market, making it a hotspot for the private credit industry. Despite concerns from regulators about the rapid growth of private credit, the real estate market in Australia is rebounding, with commercial real estate sales increasing by 48% in the first nine months of the year. [Extracted from the article]