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JPMorgan Chase

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

Wargers, Bolder, Küpker - EAA

Erste Abwicklungsanstalt

EAA Erste Abwicklungsgesellschaft, the Düsseldorf-based ‘bad bank’ established by the government to wind down the assets of WestLB, including its real estate lending subsidiary WestImmo, set a new May 30th deadline for investor expressions of... Read more

Companies

Speculation is mounting in German financial circles that private equity group Cerberus is now really firming up on its plans to float its German retail property holdings before the end of this year, as we reported in a recent issue of REFIRE. Read more

Markets

Plans by Germany’s largest residential landlord Deutsche Annington for its long-awaited IPO have been noticeably gathering pace over the past few weeks. The latest word is that the group is now targeting a date possibly as early as the first week... Read more

Companies