A shortage of banks willing to provide liquidity facilities in new CMBS is hindering the return of the European market, CMBS specialists say, despite an abundance of investor interest flowing into the sector.
Investor demand for CMBS bonds is at a post-crisis peak, largely because of the lack of high yielding, investment grade paper in credit markets. On the supply side, sponsors with large refinancing needs saw the successful execution of Deutsche Banks Florentia 2012-1 CMBS, which refinanced a portfolio of
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
Or sign up for a trial to gain full access to the entire site for a limited period.
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.