The Rockefeller swank

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

The Rockefeller swank

◆ Iconic NYC spot powers CMBS revival ◆ Gilt market braces for Labour Budget ◆ Banks plan bonds for November undaunted by US election

GlobalCapital Rock SASB 001.jpg

The US CMBS market lapped up its biggest deal of the year this week, backed by loans on New York's famous Rockefeller Center. We look into what the deal tells us about the revival of offices and the pipeline for the CMBS market, which has been troubled for years by changing working practices and high interest rates.

In the UK, the Gilt market is gearing up for the new government's first Budget, due at the end of the month. The government says there is a £20bn hole in the public finances and that it wants to invest. But how much extra Gilt issuance can the market stand? We find out.

Finally, the big risk event of the year for capital markets — the US election on November 5 — does not appear to be causing quite as much peril as it did earlier in the year, to the extent that Europe's banks are already planning to bring deals in its immediate aftermath across the capital stack.

Subscribe to GlobalCapital's Podcast

You can listen and subscribe for free on your favourite podcast platform including:

Related articles

Gift this article