CB Richard Ellis Loan Servicing, (CBRELS), the special servicer for the U.K. CMBS White Tower Plc, series 2006-3, announced the sale of eight of the nine properties backing the ₤1.15 billion ($1.74 billion) securitized loan.

This announcement showed that the special servicer is following the business plan outlined in previous statements. A successful sale of the buildings will likely allow full repayment to the most senior of five classes of noteholders, CBRELS said in a statement.

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