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Property
2 mins to read

Banks help push bounce in private construction lending

Pallas Capital says construction lending now accounts for more than 10% of its trans-Tasman book after a standing start two years ago.

Brent Melville Thu, 17 Oct 2024

Dan Gallen, executive director and chief investment officer of specialist property lender Pallas Capital, says the New Zealand construction sector is fertile ground for the firm, with banks remaining skittish on loans into the sector.

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Brent Melville Thu, 17 Oct 2024
Contact the Writer: bmelville@nbr.co.nz
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Tags
Pallas Capital Dan Gallen Vincent Capital
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