28.03.2013 - Europe’s CMBS pipeline begins to flow
Unloved and tarnished – Europe’s crisis-hit market for assets backed by commercial mortgages is now only a fraction of its 2006 peak. Only a handful of new borrowers have issued commercial mortgage-backed securities since the US subprime crisis and the picture in Europe painted by some bankers is of a product in terminal decline – penalised by regulators and hated by politicians...............................................Full Article: Source
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