Deco properties sold Most sates higher than valuation

摘要

In Deco 6 - UK large loan 2 CMBS, Hatfield Philips said the City Exchange Bredford property in the Mapeley Loan was sold on August 20 for £650m. The special servicer has been implementing a strategy to maximise recoveries on the loan, which included appointing auctioneers to market the Bradford property. Bids received were higher than the most recent valuation of £600m, reflecting a high level of interest, Hatfield said. The sale proceeds will be distributed to investors on the October payment date.