Münchener Hyp
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More investors take on development risk
More and more investors are willing to take on development risk, with project developments and forward deals surging in popularity, according to JLL’s New Business Report: Real Estate Financing, Germany, published this month. Read more
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First Austrian benchmark bond helps fuel merger speculation
Austrian listed property group Immofinanz bolstered its finances earlier this month when it placed €500m of fixed rate senior unsecured notes with a four year maturity and a 2.65% coupon. The net proceeds of the note issue will be used for the refina Read more
Revitalisation new driver in shopping centre segment
If investment in German shopping centres isn’t the highest priority for domestic or international investors right now, with many steering deliberately well clear of the sector, it’s certainly a boom period for those whose job is the revitalization... Read more
Münchener Hypothekenbank eG
MünchenerHyp sees new business lending fall by 21%
Despite posting half year figures which showed net interest income rising by 11% year-on-year, the Munich-based property financier MünchenerHyp saw new business lending fall sharply, against a background of higher pressure... Read more
pbb
Helaba, pbb and Münchener Hyp all in expansive mode
We report in this issue on a further decline in sentiment among German property financiers (see article on BF.Quarterly Barometer). However, not all traditional banks are retrenching completely from their regular financing hunting grounds. Read more
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German lenders: March round-up
After a sluggish start to the year, German lenders are starting to loosen their purse strings again. Read more
Berlin Hyp AG
Cheap refinancing for Pfandbrief banks, but growing competition
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. Read more
Münchener Hypothekenbank eG
Münchener Hyp boosts new business by 23%, bolsters capital
Real estate financing bank Münchener Hypothekenbank posted its most-ever new business lending in 2014, up 23% year-on-year to €4.4bn. the big driver was increased lending to the private residential sector, which rose 28% to €3.4bn. Commercial propert Read more