CLO Uptick Seen As Positive For CMBS; Gagfah Eyes New Issue

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CLO Uptick Seen As Positive For CMBS; Gagfah Eyes New Issue

A new German multifamily housing securitization planned by real estate investor Gagfah, coupled with the reopening of Europe’s collateralized loan obligation market, points to strong investor demand away from typical core securitizations, officials in London say.

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