Expectation of only sporadic EMEA CMBS issuance confirmed for H2 2009New issuances of CMBS in Europe, the Middle East and Africa (EMEA) are projected to stay sporadic, according to Moody's Investors Service in its 1H09 review and 2H09 outlook report for the sector.

The full year issuance  volume has been revised upwards by the rating agency to €20 billion, which is still   considerably less than the volumes seen in 2005 to 2007. The rating agency said that  there is some investor demand for credit-tenant-lease CMBS.

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