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Pandox

Christof Winkelmann - Aareal Bank

Aareal Bank AG

Among notable financings of the past month, pbb Deutsche Pfandbriefbank and HSH Nordbank lent German investor RFR Group more than €200m to refinance the 47-storey hotel and office asset WestendGate opposite the trade fair in Frankfurt. Read more

Investment

Hotel

© Robert Kneschke - Fotolia.com

Investors are still hotly pursuing German hotel assets, and are turning increasingly to project developments for lack of supply of suitable existing properties, conclude several of the bigger broker groups who track the market closley. Read more

Markets

Andy Rofe - Invesco Real Estate

Invesco Real Estate

In one of the biggest loan deals arranged in the real estate sector this year, the Wiesbaden-based Aareal Bank has agreed to provide US investment manager Invesco Real Estate a loan facility of up to €1bn over a 10-year period to help roll out its... Read more

Companies

Anders Nissen - Pandox

Pandox AB

The Swedish hotel owner Pandox has just bought a portfolio of 18 hotels in Germany from Israeli hospitality groups Fattal and UK-based Leopard for SEK 3.7bn (€400m), at an initial yield of about 6.3%. Read more

Companies