“We however remain sceptical of this recovery and anticipate further value declines until 2010 in all EMEA CMBS markets,” said Christian Aufsatz, a Moody’s senior vice president and co-author of the report. The performance deterioration in … The rate at which defaulted loans were transferred into special servicing also increased, as fewer events of default are expected to be cured with many sponsors unable or unwilling to support their loan. Over the coming quarters, …
See the rest here:
Moody's “sceptical” of property market recovery – Property Week
{ 0 comments }
