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Deutsche Hypo

Aareal Bank in Wiesbaden

Aareal Bank AG

Real estate lending volumes are likely to fall further in Germany this year, according to Anke Herz, team leader, Debt Advisory JLL Germany. more

Companies

Andreas Pohl - Deutsche Hypo

Deutsche Hypothekenbank

Deutsche Hypo has upped its economic forecasts for 2018 on the back of strong fundamentals in Germany, its CEO Andreas Pohl told REFIRE this month. ‘We have increased our forecast for economic growth in 2018 to 2.2%, up from our initial forecast... more

Companies

Lending Market

Andrey Popov - Fotolia.com

Germany’s lending market appears to be losing its mojo, according to a raft of data published over the summer. more

Markets

Logistik Germany

© vege - Fotolia.com

German real estate lending volumes were a mixed bag in the 1H of 2017, in a sign that the market is becoming increasingly difficult to call. more

Markets

Marcel Fuhr - GPEP

GPEP GmbH

Giant German occupational pension fund Bayerische Versorgungskammer (BVK) has established a new €250m German retail centre and supermarket fund in partnership with Frankfurt-based retail specialist GPEP. The BVK-Deutschland I-Immobilienfonds – FMZ... more

Investment

Andreas Pohl - Deutsche Hypo

Deutsche Hypothekenbank

France’s general election earlier this month, in which centrist Emmanuel Macron defeated Marine Le Pen to become France’s youngest ever president, has had a positive impact on the Deutsche-Hypo-Index this month, according to Deutsche Hypo’s... more

Markets

Markus Kreuter - JLL

JLL

A new report on financing in Germany by property services advisor JLL shows that Germany's commercial property financiers increased their new business last year by 15% to €41.6bn. The study shows that all but one of the 13 financing banks lent... more

Markets

Purse - Geldbörse

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After a sluggish start to the year, German lenders are starting to loosen their purse strings again. more

Markets

Sonja Wärntges - DIC Asset

DIC Asset

In another giant refinancing deal (see Invesco deal with Aareal Bank in this issue), the Frankfurt-listed DIC Asset AG has been granted a loan of €960m from Deutsche Hypothekenbank, Berlin Hyp and HSH Nordbank, which it will used to prematurely... more

Companies

Pfandbrief

© Björn Wylezich - Fotolia.com

There were two notable Pfandbrief issues in Germany over the past couple of weeks, both at least twice oversubscribed by investors. more

Markets

Peter Axmann - HSH Nordbank

HSH Nordbank AG

A higher-than-expected level of early repayments forced the hand of property lender HSH Nordbank in 2015, which saw it raising its level of new business last year from the budgeted €3.6bn to €4.5bn. more

Companies

Hotel

© Dan Morar - Fotolia.com

There has been so much interest in German hotel deals this year that this issue of REFIRE will have to report on even the most recent deals in a series of separate articles here. more

Markets

Gero Bergmann - Berlin Hyp

Berlin Hyp AG

German real estate lender Berlin Hyp has been tapping the markets heavily this year to refinance its lending, and in October issued its third €500m mortgage Pfandbrief since April – which, like its predecessors, was heavily (2.4 times) oversubscibed. more

Markets

Gero Bergmann - Berlin Hyp

Berlin Hyp AG

Property financing bank Berlin Hyp has become the first bank to issue a Green Pfandbrief bond after it placed a €500m seven-year mortgage Pfandbrief in benchmark format last week. more

Markets

Money

© Marco Scisetti - Fotolia.com

For the second time in five years, the tiny commercial real estate lender Düsseldorfer Hypothekenbank (Düsselhyp) has been expropriated by Germany's BDB association of private sector banks (similar to the US's FDIC, or Federal Deposit Insurance... more

Companies

Wolfgang Egger

PATRIZIA Immobilien AG

The Augsburg-based full-spectrum investor Patrizia Immobilien has acquired a supermarket portfolio with 107 retail properties, consisting of supermarkets, discounters and retail centres throughout Germany, most of which are leased to well-known... more

Investment

Andreas Pohl - Deutsche Hypo

Deutsche Hypothekenbank

The latest reading of the monthly Deutsche Hypo Property Climate Index shows sentiment in the German real estate market stabilising after a notable drop in August, when a number of political factors seem to have combined to scare investors. more

Markets

Andreas Pohl - Deutsche Hypo

Deutsche Hypothekenbank

We reported in a recent issue of REFIRE about a discussion we had had with Andreas Pohl, board member at the Hanover-based Deutsche Hypo, in which he described the shifting approach traditional German real estate financiers are taking to new... more

Markets

Silver Tower Frankfurt

Epizentrum

The much-hyped story of insurers and pension funds stepping in to provide commercial real estate financing, in the wake of traditional lenders back-pedalling out of the market, has an appeal for all investors – but has been slow in making a real... more

Markets

We have reported in recent issues of REFIRE on the new debt funds being launched in Germany as an alternative source of real estate financing, with traditional lenders retreating from what were once their natural markets. more

Investment