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Pfandbrief

Berlin Hyp

Berlin Hyp AG

German real estate lender Berlin Hyp has raised €300m with the issue of the first syndicated senior preferred bond by a German bank. The order books were handled by Commerzbank, DZ Bank, and LBBW. Read more

Companies

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

Pfandbrief

© Björn Wylezich - Fotolia.com

There were two notable Pfandbrief issues in Germany over the past couple of weeks, both at least twice oversubscribed by investors. Read more

Markets

Gero Bergmann - Berlin Hyp

Berlin Hyp AG

Property financing bank Berlin Hyp has become the first bank to issue a Green Pfandbrief bond after it placed a €500m seven-year mortgage Pfandbrief in benchmark format last week. Read more

Markets

Dr. Louis Hagen

Münchener Hypothekenbank eG

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

Companies

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

Aareal Bank

Aareal Bank AG

A very buoyant Dr. Wolf Schumacher, the long-time CEO of Wiesbaden-based property financier Aareal Bank, took pains at the recent analyst press conference to drive home three key messages about his bank, which he described as emerging from a... Read more

Companies

German Pfandbrief

© B. Wylezich - Fotolia.com

Germany’s Pfandbrief-issuing banks are relying more and more on residential property financing to underpin their covered bond issuance, as the overall market for Pfandbriefe continues to fall in a long-term trend, said the VdP (Association of... Read more

Investment

It is notoriously difficult to get a clear answer to the question of whether there is a ‘credit crunch’ or not in the financing of German real estate. The answer nearly always depends on the borrower, the asset to be financed... Read more

Features