| From WSJ: Despite increasing signs the U.S. market for commercial mortgage-backed securities is coming back to life, European CMBS remain all but dead. Hopes earlier this year that two asset-linked property loans in the U.K. would spark a revival of European CMBS have gone unfulfilled.
With the exception of CMBS purchases by the European Central Bank as part of its efforts to provide liquidity for European banks, no CMBS have been issued in Europe since 2007..............................................Full Article: Source
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