Iain evaluates the revival and future prospects for commercial mortgage-backed securities in Estates Gazette. He discusses CMBS 2.0 deals with the most recent trends being the re-emergence of pan-European deals in 2015 and the emergence of un-rated deals. In terms of market outlook, 2016 has been a challenging year due to macro-economic factors. On a positive note, however, Iain comments that securitisation is losing its stigma and the solid foundations are in place for it to take off.