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Landesbank Baden-Württemberg

Deutsche Wohnen - Zentrale

Deutsche Wohnen

Munich-based bank BayernLB issued the largest promissory note ever in the history of German real estate for the Berlin housing association Gewobag Wohnungsbau-AG, a €700m note (Schuldscheindarlehen) issued in partnership with LBBW Landesbank Baden-Wü Read more

Companies

Signing a Contract

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In a deal which will be watched with interest by other foreign investors in German housing associations, the UK private equity fund manager Benson Elliot, acting on behalf of its pan-European fund Benson Elliot Real Estate Partners IV (BEREP IV)... Read more

Companies

Sony Centre

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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

Aareal Bank

Aareal Bank AG

Fresh from the launch of its second US dollar Pfandbrief, Aareal Bank is eyeing further lending opportunities in the US, Alexander Kirsch, Director, Treasury - Capital Markets, at Aareal Bank, told REFIRE. Read more

Companies

Bodo Winkler - Berlin Hyp AG

Berlin Hyp AG

In the refinancing markets, Berlin Hyp and pbb Deutsche Pfandbriefbank have both got off to an active start to the year with a number of sizeable issues, all well received by the markets. Read more

Companies

Joint Venture

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In what was one of the largest and most complex transaction in the logistics sector over the past twelve months, German lender pbb Deutsche Pfandbriefbank has provided Growth Industrial Asset Net-Income Trust (GIANT) with €260m investment... Read more

Companies

Rolf Buch - Deutsche Annington

Deutsche Annington

Rolf Buch, the CEO of listed Deutsche Annington, told German newspaper Welt am Sonntag recently that his company was looking at every residential portfolio that came on the market in Germany with more than 1,000 units, to see whether they might... Read more

Investment

Turmcenter Frankfurt

Epizentrum

Benson Elliot, the UK-based private equity real estate fund manager, has bought the Turmcenter, Eschersheimer Landstrasse 14, in Frankfurt’s central business district from Landesbank Baden-Württemberg. The 23-storey office tower has been... Read more

Investment

US-based Hines Global REIT made its first venture into Germany when it paid about €52m to buy the high-profile Mercedes-Benz Bank Building near the central business district in Stuttgart, the home town of the German car manufacturer. Read more

Markets