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Real Estate Briefing - Categorized | Finance, Mortgage more

German CMBS refinancing ‘will reassure market’

Posted on 25 October 2011

Lenders have agreed to extend a €422m German securitised real estate loan, with the announcement representing “more than a vote of confidence” in the commercial mortgage-backed securities (CMBS) market, according to Steve Harle, vice-president at servicer Hatfield Philips.

The Talisman-6 ‘Orange’ loan, which was securitised in 2007 on 159-asset German retail portfolio – then worth approximately €549m – is one of the largest European CMBS to date………………………………………Full Article: Source


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