25.10.2011 - German CMBS refinancing 'will reassure market'
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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