Second CMBS 2.0 default points to struggling UK retail sector

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Second CMBS 2.0 default points to struggling UK retail sector

Tom Brown
May 20, 2019 02:30 PM
van
DY58P7 The Vancouver Quarter shopping centre, based on Broad Street in King's Lynn, Norfolk. | Alamy Stock Photo

A post-crisis CMBS loan tied to a UK retail property has defaulted, only the second CMBS 2.0 default seen to date, pointing to continued weakness in the retail sector.

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