28.01.2010 - Moody's: Robust Middle East and Africa CMBS market recovery unlikely in 2010
From Globalarabnetwork.com: A robust recovery of the commercial mortgage-backed securities (CMBS) market in Europe, the Middle East and Africa (EMEA) is unlikely in 2010, says Moody's Investors Service in its 2009 Review & 2010 Outlook report for the asset class. The rating agency predicts that throughout 2010 there will be only sporadic issuance in the market, estimated to be around EUR15 billion. Its Outlook for the sector remains Negative......................................Full Article: Source
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