RSS

Corealcredit Bank

Aareal Bank in Wiesbaden

Aareal Bank AG

The Wiesbaden-based property financier Aareal Bank boosted its new property lending in the first half of the year to €4.2bn, up from last year’s corresponding figure of €3.8bn. Read more

Companies

Aareal Bank in Wiesbaden

Aareal Bank AG

German property financier Aareal Bank has raised its full-year forecasts on solid Q3 results, and said it expects to generate between €8bn and €9bn in new business this year, somewhat more than it had originally planned (up to €8bn), the bank said... Read more

Companies

Banks in Frankfurt Skyline

© Michael Schütze - Fotolia.com

A new report issued by property advisors JLL shows that German banks boosted their commercial real estate lending in 2014 by 11% to 37bn last year, and are anticipating about the same or slightly higher volumes this year. The JLL study, which surveye Read more

Markets

Dr. Wolf Schumacher - Aareal

Aareal Bank AG

The Wiesbaden-based Aareal Bank’s press conferences are always well-managed; they have the added advantage that veteran CEO Dr. Wolf Schumacher invariably recaps the more extended analysis of the minutiae of the company’s annual performance and... Read more

Companies

Dr. Wolf Schumacher - Aareal

Aareal Bank AG

Wiesbaden-based real estate financier Aareal Bank has seen an immediate impact on its bottom line following the acquisition last year of the restructured Corealcredit Bank from US private equity group Lone Star. The MDAX-listed Aareal saw its... Read more

Companies

Deal

© Reicher - Fotolia.com

US private equity investor Lone Star has sold its second German real estate financing bank, Düsseldorfer Hypothekenbank (DüssHyp) to a consortium for an undisclosed price. The deal follows on the heels of its sale of Corealcredit Bank in Frankfurt... Read more

Companies

Aareal

Aareal

The bidding process for WestLB’s property financing subsidiary WestImmo is heating up, with the arrival of a number of new bidders in advance of an August deadline. The deal is potentially worth more than €300m. WestLB is being forced to sell the... Read more

Companies

Matthias Wargers - EAA

Erste Abwicklungsanstalt

Interest in buying Westimmo, the Mainz-based property-lending subsidiary of WestLB, is running at a higher level than originally anticipated, with about a dozen financial investors and banks currently granted access to the bank’s data room. That’s... Read more

Companies

Aareal Bank in Wiesbaden

Aareal Bank AG

Turnaround specialist Lone Star has been seeking a buyer for its commercial property finance provider Corealcredit Bank AG for some time, and it has now concluded a deal with Aareal Bank to sell its charge for a preliminary purchase price... Read more

Companies

A number of German financing banks have had a somewhat muted start to the year despite the withdrawal of a number of key players, although most are issuing bullish statements about what they expect to write in new business over the second half. Read more

Companies