Repayment of loans in European commercial mortgage-backed securities improved in May, with the Fitch Ratings’ European CMBS Maturity Repayment Indexing inching up from 38.1% to 38.4%. The only loan to mature last month was the Algarve Portuguese loan, securitized in European Property Capital 3, the maturity date of which was extended from one year in May 2010.

Click here to read the release from Fitch.