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HSBC Pulls £380 Million Student Accommodation CMBS

Market Slumps as Ukraine War Puts Damper on New Deals
University students graduating at Bath Abbey. (Getty Images)
University students graduating at Bath Abbey. (Getty Images)

HSBC has pulled a £380 million student accommodation commercial mortgage-backed security, according to a person familiar with the situation and two market sources. Deteriorating market conditions are believed to be behind the decision, the market sources said.

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