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Deutsche Hypothekenbank

Home Building - Construction site

© Paulista - Fotolia.com

New figures released this week by German’s Statistische Bundesamt show that the number of building permits issued for new apartments sunk in the first half of the year to 164,600, down 2.3% on the same period last year. Permits issued for... Read more

Markets

Gerhard Meitinger

pbb Deutsche Pfandbriefbank

Munich-based property financing bank pbb Deutsche Pfandbriefbank provided the financing for two of Germany’s more prominent office assets this month, the Pressehaus am Alexandraplatz in Berlin and the four towers making up the FOUR Frankfurt project. Read more

Investment

Sony Centre

© wavemovies - Fotolia.com

The recent mega-deal which saw Canadian pension fund Oxford Properties and Madison International buy the Sony Centre in Berlin from Korea's national pension fund for €1.1bn has now been financed by the buyers. They have closed a €625m loan... Read more

Investment

Financing

© Eisenhans - Fotolia.com

Among German real estate-related stocks showing strong stock market appreciation over the past twelve months is Munich-based financing bank pbb Deutsche Pfandbriefbank. The 'good bank' that emerged from the ashes of the collapsed Hypo Real Estate... Read more

Companies

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... Read more

Companies

Charles Balch - pbb

pbb

German lenders Pbb Deutsche Pfandbriefbank and Deutsche Hypothekenbank have jointly arranged a €267m loan for the New York-based Perella Weinberg Real Estate's Fund II to finance the Marieninsel development project in Frankfurt/Main. Read more

Investment

Real Estate

© Tiberius Gracchus - Fotolia.com

The financing of the Mall of Berlin primarily through an occupational pension fund BVK, joined by Deutsche Hypothekenbank and BNP Paribas REIM-managed debt funds, as reported elsewhere in this issue, shows how the market for commercial property... Read more

Markets

Mall of Berlin

High Gain House Investments GmbH

After a number of delayed starts, it looks like Europe’s biggest urban shopping development, the Mall of Berlin, is all set to open on the 25th September in the city’s historic Leipziger Platz in Berlin-Mitte, between the Reichstag... Read more

Markets

Opernplatz Frankfurt

© Kristan - Fotolia.com

Anybody familiar with Frankfurt’s Opernplatz in the heart of the city opposite the Old Opera House can’t but be aware of the sizeable project development currently being constructed on the site, part of the green belt running around Frankfurt’s... Read more

Companies